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12 week extension to COVID-19 support for businesses

Wed, 20 May 2020

The Manx Government has announced a 12 week extension to both the Salary Support Scheme (SSS) and the Manx Earnings Replacement Allowance (MERA).

MERA has been extended to 20th September and from the 1st June those that have previously received a grant under the Coronavirus Business Support Scheme will be eligible to apply.

The SSS will now continue for an additional three claim periods with the last period ending on 17 August. Even though specific business sectors have been able to return to work it is recognised that some businesses within those sectors may continue to be adversely affected by the COVID-19 outbreak. The SSS remains available for those businesses that meet the conditions of the scheme and continue to suffer a reduction in revenue of at least 25%.

However, a business should only claim for the weeks it is adversely affected.

The extensions were announced by Treasury Minister Alfred Cannan MHK at today’s coronavirus briefing, following approval by Tynwald this week.

 

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