We hope you are all safe and well during these difficult times! As always Patricia and the NICMA team have been working hard on behalf of all registered childminders in Northern Ireland. Over the past few weeks Patricia has been working closely with the Department of Education to help finalise the details of further funding and ongoing support for registered childminders. The Minister of Finance confirmed that further funding to support the childcare sector has been approved, with £11.3 million allocated for two schemes. £8.5 million has been allocated for ongoing sustainability/ recovery funding and £2.8 million has been allocated for a short term closure support fund. When we are aware of how this funding can be applied for, we will be sure to get this information to all of our members as soon as possible. We are delighted with this news and want to thank everyone who filled out our surveys over the past few months. The information collected from these surveys helped NICMA and Unite put the proposal together that in turn helped the Department in making their decision.
With regards to the funding for short term closure we would like to remind you all that if you need to close your business, due to yourself or someone in your household testing positive for Covid-19 or if you have been in close contact with someone who tested positive, then you must call your local Early Years Team and let them know.
For further information on funding, indemnity insurance, guidance and financial support please click the link below:
The Self-Employment Income Support Scheme (SEISS) has also been extended to provide critical support to the self-employed. There will be a further two grants, each available for 3 month periods covering November 2020 to January 2021 and February 2021 to April 2021.
The third grant will cover the 3 month period from 1st November 2020 to 31st January 2021 and will be a taxable sum calculated at 80% of 3 months average monthly trading profits, paid out in a single instalment and capped at £7,500. The Government will release further details of the fourth grant in due course.
We would like to remind everyone that these grants are taxable income and also subject to national insurance contributions. For more information on the SEISS please click the link below: