What do changes to the Job Support Scheme mean for drone businesses?

Rishi Sunak

The government’s Job Support Scheme (JSS) will be expanded to protect jobs and support businesses required to close their doors as a result of coronavirus restrictions, the chancellor announced on October 9.

The British Retail Consortium (BRC) reported on how the JSS will cover businesses that, as a result of restrictions set by one or more of the four governments in the UK, are legally required to close their premises.

This includes businesses that are required to provide only delivery and collection services from their premises. To be eligible, employees must be employed and an RTI submission notifying payment in respect of that employee to HMRC must have been made on or before September 23.

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It explained how under the scheme, employees will need to be furloughed for a minimum of seven consecutive days at any given time and the payments to employers will be made monthly in arrears.

The government is now making this scheme more generous so that businesses receive up to £3,000 per month, rather than up to £1,500 per three weeks, and they are eligible for payment sooner, after only two weeks of closure rather than three.

Properties with a rateable value of £15,000 or under will receive grants of £667 per two weeks of closure (£1,334 per month).

Properties with a rateable value of over £15,000 and less than £51,000 will receive grants of £1,000 per two weeks of closure (£2,000 per month).

Properties with an rateable value of £51,000 or over will receive grants of £1500 per two weeks of closure (£3,000 per month).

The government is also extending the scheme to include businesses which have been forced to close on a national rather than a local basis.

Tags : CoronavirusCOVID-19Job Support SchemeJSSrishi sunakUK
Alex Douglas

The author Alex Douglas

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