JRS Archives | Taxfile https://www.taxfile.co.uk/tag/jrs/ Tax advice & accounting services for South London businesses & SMEs Thu, 13 Mar 2025 15:50:49 +0000 en-GB hourly 1 Furlough Scheme Extended until End of September https://www.taxfile.co.uk/2021/03/furlough-scheme-extended-till-end-of-september/ Wed, 03 Mar 2021 13:43:12 +0000 https://www.taxfile.co.uk/?p=5513 In The Chancellor’s 2021 budget speech it was announced that the furlough scheme would be extended until the end of September 2021, to protect the jobs and livelihoods of the UK population during the pandemic. The Government will pay employees 80% of the hours not worked through to the end of June 2021.  As the […]

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Latest News on Gov. Grants, Support, Loans, Deadlines & More https://www.taxfile.co.uk/2021/02/e-newsletter/ Fri, 19 Feb 2021 14:12:34 +0000 https://www.taxfile.co.uk/?p=5344 Latest e-Newsletter Confirms Important Updates

Don't miss our latest newsletter. Published just this week, it includes several updates on the latest Government support for small businesses during the pandemic, including ...

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Job Support Scheme Replaces the Job Retention Scheme from 1st November 2020 https://www.taxfile.co.uk/2020/09/job-support-scheme-replaces-the-job-retention-scheme-from-1st-november-2020/ Thu, 24 Sep 2020 14:30:56 +0000 https://www.taxfile.co.uk/?p=4619 The Job Support Scheme for employees starts 1 November 2020

The Job Retention Scheme (JRS) winds down at the end of October. It will be followed, for the next six months, by a new job support scheme, which subsidises the wages of employees working at least a third of their normal hours, to further support viable UK employers who face lower demands due to COVID-19.

In an attempt to keep employees attached to the workforce, the Government will be introducing a new Job Support Scheme from 1 November 2020, where employees will need to work a minimum of 33% of their usual hours.

For every hour not worked the employer and the Government will each pay one third of the employee’s usual pay. The government contribution will be capped at £697.92 per month.

Employees using the scheme will receive at least 77% of their pay (where the Government contribution has not been capped) & the employer will be reimbursed in arrears for the government contribution. The employee must not be on a redundancy notice.

The scheme will run for six months from 1 November 2020 and is open to all employers with a UK bank account and a UK PAYE scheme.

All Small and Medium-Sized Enterprises (SMEs) will be eligible. Large businesses will be required to demonstrate that

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