The coronavirus business support ending on 30 September

The coronavirus business support ending on 30 September
Dan Martin
Dan MartinDan Martin Content & Events

Posted: Wed 29th Sep 2021

Several of the government's COVID-19 business support schemes end or change on 30 September. Here are the details.

Coronavirus Job Retention Scheme

Through CJRS, known as the furlough scheme, the government covers 60% of furloughed employees' wages up to a maximum £1,875 with employers needing to contribute 20% up to £625. They must also pay National Insurance and pension contributions as usual.

The scheme closes on 30 September but employers have until 14 October to submit claims for September.

Read a full guide to the Coronavirus Job Retention Scheme.

Self-employment Income Support Scheme

The fifth grant is the final grant through the SEISS scheme. The amount available depends on the impact of the pandemic on turnover. For eligible self-employed people suffering a loss in turnover of 30% or more, the grant is worth 80% of three months average trading profits, capped at £7,500. For those experiencing a drop in turnover below 30%, the grant is worth 30% of three months average trading profits, capped at £2,850.

The Self-employment Income Support scheme closes on 30 September.

Read the latest on the fifth Self-employment Income Support Scheme fifth grant.

Coronavirus Statutory Sick Pay Rebate Scheme

Through this scheme, employers can claim back the Statutory Sick Pay (SSP) paid to current or former employees.

Employers can claim back up to two weeks of SSP if:

  • employees were off work on or before 30 September 2021

  • you have already paid your employee’s sick pay (use the SSP calculator to work out how much to pay)

  • you’re claiming for an employee who’s eligible for sick pay due to coronavirus

  • you have a PAYE payroll scheme that was created and started on or before 28 February 2020

  • you had fewer than 250 employees on 28 February 2020 across all your PAYE payroll schemes

Employers must submit or amend claims by 31 December 2021.

Check if you can claim back SSP paid to employees due to coronavirus.

VAT reduction for hospitality, accommodation and attractions

Businesses in the hospitality, hotel and holiday accommodation sectors plus certain attractions can apply a 5% reduced rate of VAT until 30 September 2021. From 1 October 2021 to 31 March 2022, a rate of 12.5% applies.

Find out if your business is eligible for VAT reduction.

Latest small business coronavirus support and help

We're keeping you updated on the latest information on how to access all of the government's coronavirus small business support here. You can also find more advice and updates here.

If you have any questions or would like to share your experiences accessing the government's coronavirus business support, connect with Dan on Enterprise Nation.

Dan Martin
Dan MartinDan Martin Content & Events
I'm a freelance content creator and event host who helps small businesses and the organisations that support them. I'm also Enterprise Nation's Local Leader for Bristol. I have 19 years of experience as a small business journalist having interviewed hundreds of entrepreneurs from billionaires like Sir Richard Branson to the founders behind brand new start-ups. I've worked for a range of leading small business publications and support groups, most recently as head of content at Enterprise Nation where I was responsible for the prolific output of content on the company's blog and social media. I now freelance for Enterprise Nation including hosting the Small Business sessions podcast. I'm based in Bristol where I run and host regular events with the local small business community in my role as Enterprise Nation's Local Leader for Bristol. I also have strong connections with other major business organisations in the south west region. In total, I've hosted over 100 events including conferences with an audience of hundreds for international brands like Xero and Facebook and live web chats from inside 10 Downing Street. With my partner, I co-run Lifestyle District, a lifestyle blog focused on culture, art, theatre and photography.

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