£1 billion omicron support including the return of the SSP Rebate Scheme

Dec 22, 2021 | Business support hub, Payroll

Chancellor Rishi Sunak has announced additional support to businesses as the latest covid-19 variant called omicron results in new restrictions being imposed throughout the UK.

The Statutory Sick Pay (SSP) Rebate Scheme restarts from 21 December 2021 and claims can be made retrospectively from mid-January. The Scheme is open to UK based employers with a PAYE payroll and less than 250 employees as of 30 November 2021. To claim, the employee must have already been paid the SSP.

Employers can claim for up to 2 weeks of SSP per employee who has needed time of for covid-19 related reasons. This 2 week limit has been reset, so an employer will be able to claim up to two weeks per employee regardless of whether they have claimed for them previously. Find out more here.

The deadline of 31 December 2021 still stands for the SSP Rebate Scheme that closed on 30 September 2021.

If you need any further information regarding this issue, please email info@thomsoncooper.com

Other posts you might like:

Capital Gains Tax Rates for 2024/25

Capital Gains Tax (CGT) is raises billions for the UK Government every year. Here we look at the some of the key aspects of CGT and the current rates applied to both basic and high rate taxpayers. 

read more

How to work smarter using online accounting software

Online accounting software is constantly being developed to help business owners work smarter and streamline their processes.  Are you aware of all that your online accounting software can do for you? Are you using the features to their full extent?  Our guide highlights some of the key advantages.

read more