IRRV Alert - week ending 15th January 2021
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COVID-19 Economic Resilience Fund Sector Specific Grant Eligibility Checker (15 January 2021)
COVID-19 Economic Resilience Fund Sector Specific Grant Eligibility Checker
The ERF Sector Specific Support (operating cost) package is targeted at Hospitality, Tourism and Leisure (HTL) businesses and associated supply chain businesses that will be materially impacted by a greater than 60% impact of turnover as a result of the restrictions introduced on 4 December 2020 until the 22 January 2021.
The funds seeks to compliment other COVID-19 response measures to support businesses, social enterprises and charitable organisations in Wales.
You can use this tool to check your eligibility for the COVID-19 ERF Sector Specific Grant.
Please read the FAQs to find out more.
The Job Retention Scheme (JRS)
In applying for an ERF grant you should also have considered the Job Retention Scheme (also known as the furlough scheme) which has now been extended to April 2021 and more employees are eligible. As of 1 November, workers can be furloughed for all or part of their usual hours, and you can claim for anyone employed on 30 October 2020 with a Pay As You Earn (PAYE) RTI submission between 20 March 2020 and 30 October 2020.
The criteria for the Job Retention Scheme means that employees can be on any type of contract, including a zero-hour contract or a temporary contract, and foreign nationals and agency workers are also eligible. The Job Retention Scheme covers 80% of an employee’s salary for usual hours not worked (up to £2,500). Claims can be submitted up to 14 days in advance, and you will receive the payment and must pass this on to your employee. The full details of the scheme and how to apply can be found on the Coronavirus job Retention Scheme page. Please ensure you furlough all eligible staff for all their usual hours not worked to minimise income loss.
If there are any accessibility issues for you that might prevent you from completing an online Expression of interest form please call the helpline now on 03000 6 03000 or use the Contact Us page here otherwise start the tool and follow the simple step by step guide.