Following the government's introduction of the second national lockdown, we wanted to provide help to businesses by summarising the key changes in relation to their implications for payroll. As well as the Job Support Scheme being postponed and the Coronavirus Job Retention Scheme being extended, there's a handy reminder about COVID-19 related Statutory Sick Pay along with some useful links for various employee support schemes via HMRC. As this is a fluid and changing situation, if we learn more about further payroll implications over the weeks ahead, we'll keep you posted on our social media channels.
The Job Support Scheme which was due to start on 1st November has been postponed and the Coronavirus Job Retention Scheme, otherwise known as furlough, has been extended until March 2021. To remind you about previous furlough arrangements, it was originally winding down in September and October with the government contribution being reduced to 70% and 60% respectively. This weekend's announcement reset the furlough scheme back to what it was in August; this being an 80% government contribution. The main points to note are as follows:-
2 weeks of COVID-19 SSP is claimable by employers for employees where:-
Staff can also get SSP if both of the following apply:-
SSP is claimable at £95.85 per week from HMRC. You're able to top up employees' weekly wages if you wish. To be eligible for SSP, employees must be off work for at least 4 days in a row. This includes non-working days. Please also note that SSP can't be claimed if employees are self-isolating following a return to the country from abroad.
Some employees may be eligible for the Test and Trace Support Payment Scheme which is £500.
Did you know that your employees can claim back £6 per week from HMRC where they've been forced to work from home? Access further details including information on the claim process.
As a provider of outsourced payroll services, we're here to assist businesses with their complicated payroll administration. Read about our outsourced payroll and pension management service, and contact us to arrange a free-of-charge meeting with our payroll team to discover how we can save you time, money and hassle.