17 April 2020
The guidance for the biggest scheme the government is launching for businesses in Jersey – Phase 2 of the Government Co-funded Payroll Scheme – was due to be announced today.
However, the importance of ensuring that the scheme is the best it can be for island businesses, and following feedback from stakeholders, Government needs a few more days to finalise the detailed information and guidance that employers and self-employed people will need.
This information will now be published early next week.
The Minister for Economic Development, Tourism, Sport and Culture, Senator Lyndon Farnham, said: “I understand that many business owners and employees expected clarity on the next phase of payroll support scheme today.
“However, my fellow Ministers and I are keen to ensure that we get all the necessary detail absolutely right, as this will be the biggest injection of financial support ever made into the Island’s economy.”