Revision to the FA4JR Scheme as announced in Budget 2021
February 18, 2021
In line with the declaration made by the Minister of Finance, Economic Planning and Trade (MFEPT), Naadir Hassan, during the Budget 2021 speech on Tuesday 16th February, in regards to the revision of the FA4JR Scheme, the Ministry is publishing the list of businesses that will be assisted for the month of February and March 2021.
Please note, only businesses whose business activities fall wholly within the Affirmative List will continue to receive assistance under the Financial Assistance for Job Retention (FA4JR) Scheme. The Affirmative List is as follows:
AFFIRMATIVE LIST
- Self-Catering Establishments, Guesthouses, Hotels, Restaurants
- Airlines, Car Hires, Bicycle Hires, Boat/Yacht Charters, Destination Management Companies, Tour Guides, Travel Agents
- Watersport, Dive Centers, Musicians, Artists
- Omnibus operators, Ferry Services, Taxis, Motor Vehicle Dealers
- Handicraft and souvenir shops
Any business, whose business activity does not fall wholly within the Affirmative List, as determined by the MFEPT, will cease to receive assistance, and no further payments will be forthcoming for February or March 2021 or going forward.
No new applications for assistance will be considered for February or March 2021.
For businesses that fall within the Affirmative List, assistance will be provided as follows.
Form 1 – Affirmative List Recipients of Employee Salary Assistance (i.e. assistance for businesses to pay the staff on their payroll)
- Businesses on the Affirmative List who are already receiving assistance will receive 50% of the previously approved payroll value automatically for the months of February and March 2021
- No additional applications necessary, however, if any employees have left the business, the business must advise MFEPT of these employees who have left via the FA4JR online portal (https://mof.egov.sc/FA4JRsubmissions), and payments will be adjusted accordingly.
Form 2 – Affirmative List Recipients of Self-Employed Income Assistance (i.e. assistance for business owner’s own earnings as a self-employed sole trader/partnership)
- Business-owners on the Affirmative List who are already receiving assistance will automatically receive SR 5,804 per month for February and March 2021.
- No additional applications are necessary.
The FA4JR Scheme will close at the end of March 2021.
Any enquiries can be directed to the hotline 190 or emailed to queries.fa4jr@finance.gov.sc