The Salary Support Scheme and the Coronavirus Business Support Scheme have been extended for certain sectors through to September, providing further direct support to those involved in travel, tourism, and fisheries.
From 17th August support is restricted to the travel and tourism sector.
The scheme ends on the 14th September for all businesses.
To date (21/07/2020), the Salary Support Scheme has supported 1,999 jobs and 12,295 businesses and paid out £27.5m.
The Manx Earnings Replacement Allowance (MERA) will not be available to the newly unemployed from 1 August 2020 and the rate is to be reduced to £100 per week from 3 August 2020. The amount a person can earn and retain MERA has increased to £150 per week.
Between 1 March and 13 July the Manx Earnings Replacement Allowance paid out £3.4m, Income Support £8.3m, Job Seeker’s Allowance £2.2m and Incapacity benefit £1m