Inspiring Business by Sharing Success
Added by Love Business East Midlands | 19 May 2020
UPDATED: 19 May 2020
The Government has announced a new online service will launch on May 26th for small and medium sized employers to recover Statutory Sick Pay (SSP) payments they have made to their employees.
This new scheme, the Coronavirus Statutory Sick Pay Rebate Scheme, was announced at the Budget as part of a package of support measures for businesses impacted by the COVID-19 outbreak.
This scheme will allow small and medium sized employers, with fewer than 250 employees, to make claims through the Coronavirus Statutory Sick Pay Rebate Scheme from 26th May to recover Statutory Sick Pay (SSP) payments they have made to their employees,
“We are committed to supporting Britain’s small and medium businesses through this pandemic with a comprehensive package of support.
“This rebate will put money back in the pockets of millions of employers, ensuring they can hit the ground running as the economy re-opens.”
Therese Coffey, Secretary of State for the Department of Work and Pensions
Employers will be able to make their claims through a new online service from May 26th. This means they will receive repayments at the relevant rate of SSP that they have paid to current or former employees for eligible periods of sickness starting on or after 13th March 2020.
“Our teams have worked hard to deliver this scheme for employers and their employees to ensure they get the support they need. We want employers to be secure in the knowledge they will receive help as they care for their staff during this difficult period.”
Angela MacDonald, HMRC’s Director General of Customer Services
Employers are eligible if they have a PAYE payroll scheme that was created and started before 28 February 2020 and they had fewer than 250 employees before the same date.
The repayment will cover up to two weeks of SSP, and is payable if an employee is unable to work because they:
To prepare to make their claim, employers should keep records of all the SSP payments that they wish to claim from HMRC.
East Midland Chamber Derbyshire, Nottinghamshire, Leicestershire
Whatever the sector, shape or size of your organisation, our primary focus is to help you thrive. At the Heart of East Midlands Business News and Events.
Helping your business grow – the Chamber connects you to funding, skills, new people, expert help and provides a platform where you and your business can flourish.
Connecting you and your business – the Chamber helps you access hundreds of opportunities to meet and connect with businesses in the East Midlands every year.
Providing access to skills – the Chamber can provide you with expert analysis of your current situation, connect you with fully- or partially-subsidised training or even introduce you to new talent.
Reaching and influencing the right person – the Chamber is an authoritative body which has the status and mandate to ensure your voice is heard by the right people.
International expertise – the Chamber’s award-winning International Trade team can help enable businesses at all stages of the export journey - from start-ups to multinationals - to be successful in overseas markets.
www.emc-dnl.co.uk