Coronavirus update - 8 June 2020

Jun 8, 2020 |

NFSP

There are key dates and information you should be aware of relating to two of the support schemes Government has made available to you in response to the coronavirus.

Coronavirus Job Retention Scheme (CJRS)

NFSP members can receive free professional advice from our partner organisation HR:4UK on these issues. Call 01273 452324 (option 1) to speak to an expert adviser.

From 1‌‌ July 2020 you will have the flexibility to bring previously furloughed employees back to work part time – with the government continuing to pay 80% of wages for any of their normal hours they have not worked.

Be aware that CJRS closes to new entrants from 30 June. This means you will only be able to continue to furlough employees that have been furloughed for a full 3-week period prior to 30 June.

Therefore, the final date for placing an employee on furlough for the first time is this Wednesday 10 June.

For more information, please call HR:4UK on 01273 452324 (option 1).

You can also watch this HR:4UK webinar video which covers these issues and answers relevant FAQs.

Other info on CJRS:

  • When claiming the grant for furloughed hours under the flexible scheme you will need to report and claim for a minimum period of a week.
  • You have until 31 July to make any claims in respect of the period to 30 June.
  • Further guidance on flexible furloughing and how to calculate claims will be published by the Government on 12 June.

 

Self-Employed Income Support Service (SEISS)

SEISS is the Government grant for self-employed people, such as subpostmasters. 

The first round of SEISS covered the three-month period up to 30 June. If you have not already made a claim, you have until 13 July to do so. For more information and an eligibility checker see HERE

The scheme has been extended for a second (and final) three-month period. If eligible, you will receive a single taxable grant worth 70% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £6,570 in total.

Further information will be available from Wednesday 12 June HERE

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