Coronavirus Statutory Sick Pay Scheme to launch later this month

This scheme will allow small and medium sized employers, with fewer than 250 employees, to apply to HMRC to recover the costs of paying coronavirus-related statutory sick pay

fifty pound note

A new online service will launch on 26th May for small and medium sized employers to recover Statutory Sick Pay (SSP) payments they have made to their employees, the Government has announced today.

The Coronavirus Statutory Sick Pay Rebate Scheme was announced at Budget as part of a package of support measures for businesses affected by the Covid-19 outbreak.

Recover cost of SSP
This scheme will allow small and medium sized employers, with fewer than 250 employees, to apply to HMRC to recover the costs of paying Coronavirus-related SSP.

Employers will be able to make their claims through a new online service from 26th May. 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.

Coffey: Supporting Britain’s small and medium businesses
Secretary of State for the Department of Work and Pensions, Therese Coffey said:

“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.”

MacDonald: Employers will receive help
Angela MacDonald, HMRC’s Director General of Customer Services, said:

“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.”

Employers are eligible if they have a PAYE payroll scheme that was created and started before 28th February 2020 and they had fewer than 250 employees before the same date.

Covering two weeks of SSP
The repayment will cover up to two weeks of SSP, and is payable if an employee is unable to work because they:

  • have coronavirus; or
  • are self-isolating and unable to work from home; or
  • are shielding because they’ve been advised that they’re at high risk of severe illness from coronavirus

To prepare to make their claim, employers should keep records of all the SSP payments that they wish to claim from HMRC. Further guidance is available on GOV.UK.


News shared by Lisa on behalf of HMRC. Ed

Image: Images Money under CC BY 2.0

Tuesday, 19th May, 2020 6:36am

By

ShortURL: http://wig.ht/2nFL

Filed under: Business, Government, Island-wide, Isle of Wight News, Top story

Any views or opinions presented in the comments below must comply with the Commenting 'House Rules' and are solely those of the author and do not represent those of OnTheWight.

Leave your Reply

Be the First to Comment