News

Key dates for Coronavirus support schemes
07 August 2020

With numerous Government schemes open to businesses and individuals to help deal with the impact of the Coronavirus outbreak, there are dozens of key dates to be aware of in the coming months, including:

31 August 2020

Eat Out to Help Out closes to customers.

1 September 2020

Grants from the Coronavirus Job Retention Scheme (CJRS) taper down to 70 per cent of a furloughed employee’s usual wages up to £2,187.50 a month, with employer required to contribute another 10 per cent, so that furloughed employees continue to receive 80 per cent of their usual wages.

30 September 2020

The deadline for venues to claim from the Eat Out to Help Out scheme.

1 October 2020

Grants from the CJRS taper down to 60 per cent of a furloughed employee’s usual wages up to £1,875 a month, with employer required to contribute another 20 per cent, so that furloughed employees continue to receive 80 per cent of their usual wages.

31 October 2020

CJRS closes. Employees can no longer be furloughed after this date.

30 November 2020

Last date for making claims for the CJRS.

31 January 2021

Deadline for Self-Assessment payments on account deferred from 31 July 2020.

Date until which staff previously furloughed under the CJRS, who have been brought back and paid £520 on average from October to January must be continuously employed for the employer to qualify for a £1,000 Job Retention Bonus.

31 March 2021

Deadline for payments of VAT payments deferred between March and June 2020.

We have also prepared a grid of Government support timeframes to help clarify the support available at any point in time over the coming months.