Due to COVID-19, the unemployment rate has been rising in the UK and the government has announced a raft of measures to protect jobs. The rise in unemployment has been the largest amongst young people aged between 16-24. To protect young people from unemployment, especially those who are on the risk of long-term unemployment and to revive the economy, the Chancellor announced the kickstart scheme on 8th July 2020.
Kickstart scheme that opened on 2nd September 2020, is an initiative from the UK government to create hundreds of thousands of high-quality placements for 6 months period for the people between the age group of 16 to 24 who are claiming Universal Credit. Under the scheme, the government will fund 100% of the national minimum wage including national insurance and pension contributions for 25 hours a week to employers. The main purpose of the scheme is to create job placements for younger people who are on long term unemployment risk and to help them develop their skills and experience to find work at a later stage after they have completed their kickstart funded employment. This scheme will open for new Kick-starters to initiate their placements up until December 2021.
The employers can also choose to top up the wages above the NMW if they like, but no additional contribution will be paid by the government.
Note – An employer representative must have 30 job placements to get eligible for submitting Kickstart application. If you wish to hire under the scheme, please contact us on enquiry@dnsaccountants.co.uk or call us on 03300 88 66 86 to find out how we can help you.
The information which you need to provide for the kickstart application is as follows –
Employers need to meet the following eligibility criteria to get eligible for Kickstart scheme –
An employer representative could be a group of organisations/employers who come together for creating a minimum of 30 job placements and nominating any one of them for application processing before applying through kick start scheme application.
It is the responsibility of the employer representative to:
It is an important to ensure your employer representative has the relevant expertise to help you onboard and train young people employed through the scheme.
To find out about DNS’s employer representative services, please email us on enquiry@dnsaccountants.co.uk.
When the kickstart application is submitted, it has to go through several checks before it is considered as successful or unsuccessful –
Kickstart scheme is a big support to the small business firms that are creating job placements for younger people and will run at least till December 2021. The initiative will most certainly help young people to develop the right skills required to make them employable in the future.
In case you have questions or need assistance in applying for the "Kickstart scheme", kindly call us on 03330886686 or you can also e-mail us at enquiry@dnsaccountants.co.uk.
Also See: Auditing Working from Home – Taking Approach Holistically
Any questions? Schedule a call with one of our experts.
Sumit Agarwal Sumit Agarwal (ACMA ACA India), the Managing partner of dns accountants is a highly respected accountant with expertise in helping owner-managed businesses.
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