JSS-Oct-CMS
Posted on

The next stage of the Job Support Scheme will see more flexibility and a decrease in costs to employers.

The Job Support Scheme Open (JSS) is one of the government’s initiatives aimed at supporting individuals and businesses who are trading during the pandemic over the 2020/21 winter period. This next phase will start on 1 November in line with the furlough scheme coming to an end.

What are the main changes?

Previously, the JSS was designed to support the wages of employees who worked at least 33% of their usual hours with the government paying 33% of their wages and the employer contributing another 33%. Under the revised terms, an employee needs to only work 20% of their usual hours to benefit from the JSS. 

In addition, the level of contribution by the employer has been reduced from 33% to 5%. The government will therefore pay 62% of a worker’s wages for the time they are away from their job up to a maximum of £1,541.75 per month. 

Job Support Scheme Closed

For businesses that have been legally required to cease trading the terms of the Job support Scheme Closed remain unchanged.

The information provided in this blog is for general informational purposes only and should not be considered professional advice. As far as we are aware, the content is accurate at time of publication. Torgersens assumes no responsibility for errors or omissions in the content or for any actions taken based on the information provided.

About the Author

Paul Newbold Image

Paul Newbold

Partner
After qualifying with KPMG where he gained significant audit experience, Paul joined Torgersens in 1991 and became the firm’s audit partner in 2000. Paul employs his broad range of financial skills to provide commercial and accounting advice to a range of owner-managed businesses in the independent retail, education and professional services sectors. He also has extensive experience dealing with charities, Registered Social Landlords and not-for-profit organisations and co-operatives.   Outside of work, Paul likes to visit Eastern France and South-West German and read novels by David Morrell, Michael Blake and Harper Lee. He also likes watching films, his favourite is The Shawshank Redemption.

To get in touch please e-mail paul.newbold@torgersens.com.

Share this story...

More Stories

Why seeking help when your business faces insolvency is the right move

Why seeking help when your business faces insolvency is the right move

Plug-in van grant extended for another year

Plug-in van grant extended for another year

Are you ready for NLW and NMW rate changes in April 2025?

Are you ready for NLW and NMW rate changes in April 2025?