See our video services!
At The Guide Liverpool, we’ve been helping businesses promote themselves and reach new clients and customers for years. Our professional video crew can help you increase engagement, interaction and revenue by presenting your business to a wide audience with a creative, exciting promotional video for use on multiple online channels.
Less than a month after announcing his job support scheme, Chancellor Rishi Sunak has been forced to make major changes as the economic damage from coronavirus continues.
If an employee is forced to work reduced hours due to a lack of business, the Government and employer will top up their income to cover wages for two thirds of their unworked time from November 1.
To qualify, an employee has to work 20% of their normal hours, with the employer then paying 5% of the unworked hours and the state paying for up to almost 62%, up to a maximum of £1,541.75 a month.
For a typical full-time employee in the hospitality industry paid around £1,100, that means they will still take home at least £807 a month.
The employer needs to pay a total of £283 a month and the Government will pay the rest.
When it was first announced on September 24, the JSS required employees to work at least a third of their normal hours to qualify and employers were required to pay for a third of the unworked hours.
That would have meant bosses paying a worker 55% of their normal wages for only doing a third of the work – 33% for the hours worked plus a 22% top-up – with the state also paying 22%, capped at £697.92 per month.
The deteriorating coronavirus situation meant that areas placed into Tier 3 have seen pubs, bars and other businesses such as betting shops closed.
On October 9, Mr Sunak expanded the JSS and from November 1 the Government will pay two thirds of a worker’s salary – up to a maximum of £2,100 a month – if their employer is legally required to close their premises because of restrictions.
The coronavirus job retention scheme, which expires at the end of October, saw the state initially pay 80% of wages up to £2,500 a month if employees were unable to work due to the pandemic – either because their workplace was forced to close or due to a lack of business, although as the scheme wound down employers were asked to share the burden by paying 20%.
The scheme was simple and popular but eye-wateringly expensive, costing £41.4 billion according to the latest figures.
The Government will provide two, taxable self-employment income support scheme (SEISS) grants to support those experiencing reduced demand due to Covid-19 or who temporarily can not trade.
The grants will be made more generous, covering 40% of profits instead of 20%, with the maximum payment increasing from £1,875 to £3,750.
Sign up with us to receive the latest news, straight to your inbox!
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
|cookielawinfo-checbox-analytics||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".|
|cookielawinfo-checbox-functional||11 months||The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".|
|cookielawinfo-checbox-others||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.|
|cookielawinfo-checkbox-necessary||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".|
|cookielawinfo-checkbox-performance||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".|
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.