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Guernsey Coronavirus Payroll Co-Funding Scheme

Please note that the financial support for businesses will change from the 1st July 2020. However, all businesses can continue to claim for their June payroll until Friday 10th July.

The Bailiwick of Guernsey entered into Phase 5 of the Exit from Lockdown framework on Saturday 20th June. As a result, normal trading conditions will apply to the vast majority of businesses. Therefore, changes to the Payroll Co-Funding Scheme will take affect from 1st July meaning that financial support from the States of Guernsey will no longer be available to most businesses. Those businesses can claim for their June payroll until Friday 10th July.

Support will continue for those businesses that remain heavily impacted until the end of September 2020.

Qualifying businesses with a turnover in excess of 40% and up to at least 70% of normal levels will continue to be able to apply for up to 80% of minimum wage for their employees. This upper threshold will be extended to 80% of normal turnover in some circumstances. Businesses will need to contribute the remaining 20% of their employees’ wages.

The enhanced level, will allow businesses that have seen their turnover reduce to below 40% of normal levels will be able to apply for up to 100% of minimum wage for employees. This upper threshold will be extended to 50% for those businesses most in need and who are able to demonstrate support is still necessary.

Further information is available in the guidance document below. This includes, on States-owned land, mooring fees for commercial fisherman, TRP and Social Insurance Employer Contributions.

To apply for the grant, please click here

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