Latest News Headlines
On-Air Now
Listen Live
Facebook

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.

 


 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed