The Drinks Trust COVID-19 financial relief fund deadline extended until 7pm today. Updated guidance also released on Coronavirus Job Retention Scheme.
UPDATE ON COVID-19 JOB RETENTION SCHEME
HM Treasury has published updated guidance on the Coronavirus Job Retention Scheme following questions raised by industry on how the scheme will operate.
The online service is not available yet, but the portal should be in operation week beginning 20th of April. The Job Retention Scheme is a reimbursement scheme to employers, therefore the employer will need to make payments to furloughed workers, before then being reimbursed by HMRC. The expected minimum processing time for payments to be made back to employers is at least four working days.
Please remember that if you cannot maintain your current workforce because your operations have been severely affected by coronavirus (COVID-19), you can furlough employees and apply for a grant that covers 80% of their usual monthly wage costs, up to £2,500 a month, plus the associated Employer National Insurance contributions and pension contributions (up to the level of the minimum automatic enrolment employer pension contribution) on that subsidised furlough pay.
All employers are eligible to claim under the scheme and the government recognises different businesses will face different impacts from coronavirus.
The updated guidance for employers can be found here.
DRINKS TRUST COVID-19 RELIEF FUND EXTENDED UNTIL 7.00 p.m. TODAY
The deadline to apply for The Drinks Trust COVID-19 financial relief fund has been extended. Please read the instructions below before applying.
The Drinks Trust COVID-19 financial relief fund is now open for applications. Please read the instructions below before applying.
With the bank holiday weekend meaning only four working days are available to some people looking to apply for the fund, The Drinks Trust is extending the deadline until Tuesday 14th at 7pm, adding another working day to the application process.
Additionally, and on the feedback of several applicants, the remit for applicants is extended to:
Those who work seasonally in the drinks industry, and in particular anyone who was not employed as a result on the 28th February, meaning that they are not entitled to the government furlough scheme of self-employment scheme.
To be eligible for the Fund, applicants will have worked in one of the roles detailed on the website for more than two years, either in full-time or part-time positions.
The application form will remain open until Tuesday 14th April at 7pm, or until 10,000 applications have been received, whichever arrives first.