There are further updates to the implementation of the Job Support Scheme from 1st November, I know, it's hard to keep up, I have summarised the information released at the end of last week and show a few examples of how this is likely to work in practice. Remember that from the 1st November, you must be paying any previously furloughed employees a minimum of £520 per month (which can include Job Support Scheme Payments), until the end of January to be able to claim the bonus payment in February. As always, please get in touch if you have any questions.
Job Support Scheme Update
October 2020 Update
This update is to summarise the end of the Furlough scheme at the end of this month, and the start of the new Job Support Scheme on the 1st November. After Friday's announcement it is clear the hospitality trade have a tough fight ahead to recover from what is likely to be a fatal blow for many, there is some guidance on businesses affected by the latest restrictions specifically, and I have outlined this below. When the pubs, restaurants, entertainment venues, etc, do open back up, please give them your business where you can, the business owners with the fight to keep going throughout all of this, really deserve our custom, loyalty and support.
September 2020 Update
I hope you are all keeping busy, and not being affected too much by the heightened restrictions of late. We are still working from the office, as most of you will know we have a lot of space at our disposal and it is easy for us to respect all social distancing guidelines at our current staffing levels. We will obviously review things as we go, and thank all clients for their understanding on us not hosting face to face appointments at the moment. The Chancellor released the Winter Economy Plan yesterday, which brings in further support for employees, self employed individuals, VAT registered businesses and anyone in receipt of a Bounceback Loan. I am going to summarise the main points below. If you don't already, please follow us on Instagram, where I often give live updates on the information as it is released. @B_able_ltd