Payroll co-funding scheme

Today the States have announced that the payroll co-funding scheme is to be reintroduced.

Eligible businesses and the self-employed will be able to claim for 80% of the minimum wage (£8.70 per hour), up to a maximum of 42 hours per week.

Claims can be made from 1^st February 2021 for the period from 23^rd January 2021 to 31^st January 2021. Following that, claims can be made on a monthly basis.

Businesses operating in the following sectors are eligible for support:-

• Advertising & marketing
• Architects and building design services
• Child-care, pre-school and early years providers
• Cleaning services
• Commercial fishing
• Dental and dental hygienists and other non-essential personal heath & hygiene roles
• Estate Agents
• Event management and Event services
• Facilities management and office management
• Freight and goods transfer (excluding food)
• Gardening
• Hospitality and Tourism
• Manufacturing and engineering (including marine engineering)
• Non-food/pharmacy retail (including garages, garden centres and marine retailers)
• Passenger transport and travel
• Personal service activities
• Pet care services
• Plumbing and electrical services Excluding utility providers
• Private extra-curricular education
• Recreation & Entertainment
• Recruitment agencies
• Rental and leasing of cars and recreational goods
• Security and cash transfer activities
• Small domestic construction
• Waste services (particularly those focused on commercial and building work)
• Window cleaning

Before making a claim, please bear in mind that a claw back clause has now been introduced. This will enable the funding paid to businesses to be recovered if those businesses find that they ultimately make a profit this year. Please consider whether you have sufficient resources to see you through this lockdown before making a claim.

For more information or further assistance, please get in touch: