We’ve been receiving a number of questions from clients relating to Statutory Sick Pay and if anything can be claimed from the Government in relation to this. This blog post will explain what Government support is available and who qualifies for this support. Now before you get excited about another potential Covid-19 Government claim and additional revenue, where not talking about big money here as the weekly statutory sick pay is not exactly over-generous, but it is something nonetheless.
Before we get into the details we would like to express a huge thanks to all of our clients for working together with us on finding the right solutions during these testing times. The Government Covid-19 claims are new to everyone and we are all learning on our feet, so to speak, we can’t change the past nor predict the future but where clients do qualify for any of the Government grant schemes we are offering our time and efforts free of charge.
We have already assisted many hundreds of clients with advice, guidance and essential information relating to schemes such as the Job Retention Scheme and the Self-Employment Income Support Scheme. We are proud and delighted to see clients being paid thousands of pounds during this difficult period of time. At the same time our heart goes out to those who haven’t been able to claim and we genuinely hope that you and your family remain safe, healthy and happy during the coming months. No-one is alone in all of this and as your accountant we are here for you.
Coronavirus Statutory Sick Pay Rebate Scheme
That’s right and there is another Government scheme that has been introduced to provide funding for statutory sick pay (SSP). This means that all employers can receive a repayment at the current rate of SSP. The current rate of SSP is £95.85 a week. This applies to employees who were sick on or after 13 March 2020.
The repayment will cover a maximum period of two weeks, meaning that your company can potentially claim £191.70 from the Government. I did warn you at the beginning of this blog post that we’re not talking about big money here.
One of the following conditions must be met in order to claim this:
1. The employee has/had coronavirus.
2. The employee cannot work due to the fact that they are self-isolating at home.
3. The employee is shielding in line with public health guidance.
The employee is not expected to prevent a fit note as would normally be expected.
To qualify for the this particular rebate scheme you must meet the following:
1. Claim for an employee who is eligible for sick pay due to the coronavirus.
2. You have operated a company payroll and been registered as an employer for PAYE on or before 28 February 2020.
3. You had less than 250 employees on 28 February 2020.
How do I make a claim?
The facility to make the claim is not yet live. HMRC are expecting to offer an online service that will allow you to make a claim. HMRC are yet to announce when this will be available.
We suspect that this will be similar to the current furlough process for the Job Retention Scheme and as such we recommend that you ensure that you have full access to PAYE online.
Feel free to contact us here at Cheaper Accountant if you need any help whatsoever with your accountancy work.