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Last edited 27 Oct 2020
Winter Support 2020 - 2021 packages for businesses
In October 2020, Chancellor Rishi Sunak announced substantial additions to the Winter Support package, with increased support to businesses through the forthcoming Job Support and Self-employed Schemes.
 The Job Support Scheme (JSS)
When originally announced in September 2020, the JSS – in effect from 1 November 2020 – required employees to work at least 33% of their normal hours and employers to pay a third of wages for hours not worked. The October 2020 announcement reduces the minimum hours requirements to 20%, so those working only one day a week will become eligible. It also reduces the employer contribution for unworked hours to just 5%.
Note: separately from the JSS, employers are still eligible to claim a £1,000 Job Retention Bonus for all previously furloughed employees who are still employed at the end of January 2021.
 Self-employed grant (SEISS)
SEISS will also be amended so that the amount of profits covered by the two forthcoming self-employed grants will rise from 20% to 40% (e.g. the maximum grant will increase from £1,875 to £3,750).
This article originally appeared on the ECA website under the headline, 'Chancellor announces further business financial support'. It was published on 23 October 2020.
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