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Financial Support Extended for Duration of Circuit Break Lockdown

Tue, 16 Mar 2021


The Manx Government has confirmed financial assistance will be offered following the extension of the current ciruit break lockdown.

Yesterday, Chief Minister Howard Quayle said the lockdown would be extended by a further severn days until at least 31st March.

The Manx Earnings Replacement Allowance (‘MERA’), which provides individuals and the self-employed who are made redundant, laid off or on nil pay by their employer, or who are prevented from carrying out their work due to restrictions, with £230 per week, has been extended by one week, to provide sufficient cover for the lockdown period as it stands.

The Salary Support Scheme, which will provide businesses with a payment of up to £310 per full time employee (the increased support figure from £280 being subject to Tynwald approval) continues to be available to provide support to qualifying businesses in March.

The Coronavirus Business Support Scheme is also under review and support will be extended businesses who remain impacted by continued restrictions. A further announcement will be made regarding this in due course.

Further information on all of the Coronavirus support schemes is available at www.gov.im/coronavirus.


 

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