Saturday 15 August 2020
Select a region

Lowest income islanders to receive £100 today

Lowest income islanders to receive £100 today

Thursday 23 July 2020

Lowest income islanders to receive £100 today


The bank accounts of Jersey's lowest income islanders will today be credited with £100 to spend in the local economy.

Over 12,500 islanders on Income Support or Pension Plus will receive the 'Spend Local' payment, which is aimed at getting money flowing around Jersey again following the devastating impact of the health crisis and accompanying lockdown.

The payment comes in addition to a £100 voucher or prepaid card due to be gifted to every islander in September as part of the government's recently-announced £150m stimulus package.

It means that households eligible for today's payment will receive £200 in total, which they're being encouraged to spend on 'treats' - such as a trip to a local restaurant, café or shop, hair and beauty services or home and garden maintenance - to help the economy recover from the impact of the pandemic.

handselderlyoldcarehome.jpg

Pictured: Islanders on Income Support or Pension Plus will receive the payment tomorrow (Friday 24 July).

Anyone eligible for the payment will receive a letter today and have their bank account credited tomorrow. The money is a 'gift', and therefore doesn't have to be declared for tax. It also won't affect islanders' Income Support claims.

“We know that covid-19 has not just affected Jersey’s economy, it’s affected the day-to-day lives of islanders," Social Security Minister Deputy Judy Martin said.

“The ‘Spend Local’ payment helps islanders on lower incomes to support our local economy by giving them an extra opportunity to support their favourite local businesses.”  

Treasury Minister Deputy Susie Pinel added: “The Spend Local payment adopts the targeted, timely, and temporary approach we announced in the Fiscal Stimulus package.

"This one-time payment is specifically for islanders on lower incomes, and will provide additional support sooner, rather than later.”

judymartin.jpg

Pictured: Social Security Minister, Deputy Judy Martin.

News of the payment's imminent arrival comes after the latest 'health check' of the economy released by Statistics Jersey showed that activity among local businesses had dropped to an all-time low.

Nearly three quarters of local businesses said that their activity had declined. This was accompanied by a 73% drop in turnover.

READ MORE...

Q&A: How will the £100 voucher boost work?

WATCH: Minister's unveil £150m "kickstart" package

Sign up to newsletter

 

Comments

Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.

Once your comment has been submitted, it won’t appear immediately. There is no need to submit it more than once. Comments are published at the discretion of Bailiwick Publishing, and will include your username.

There are no comments for this article.

To place a comment please login

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?