Eight major law changes happening in November 2020 – and how they affect you

As Brits wait to see what lockdown restrictions will be imposed this winter, it is important to remember that other laws are set to change.

There are eight major changes being brought in this November that will impact everything from Universal Credit to drones.

Major adjustments to the Coronavirus Job Retention scheme will steal the headlines as millions of Brits rely on vital support.

But there are also other financial changes for credit and debit cards, overdrafts and self-employment, the Lancashire Telegraph reports.

Furlough

The furlough scheme is being wound up on Halloween with Rishi Sunak replacing it with the Job Retention Scheme.

Furlough was introduced at the height of the coronavirus pandemic and has paid workers' wages across the country.

But on October 31 it will end, being replaced with the JRS that critics claim will provide less support

Job Support Scheme

The JSR will start from November 1 and support workers doing 20% of their usual work.

The amount employers are required to top up wages has been reduced to just 5% of unworked hours.

And extra help for self-employed Brits will see the amount covered by grants increase from 20% to 40% of profits.

This will amount to a potential further £3.1 billion of support to the self-employed through November to January, with a further grant to follow covering February to April.

Universal Credit

Thousands of people could see their Universal Credit income cut by hundreds of pounds a month when a change comes into force from November 13.

The major change, called the Minimum Income Floor (MIF), limits how much self-employed people can get in benefits.

It was suspended for eight months due to Covid-19, but that suspension is due to end on November 13.

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Grants for tier two firms

Workers and firms hit by coronavirus restrictions could be entitled to extra support from the government.

The £1bn package, announced by Rishi Sunak, includes the Job Retention Scheme.

There will also be grants of £2,100 available for firms in Tier 2 areas of England, primarily aimed at helping hospitality and leisure venues which have seen takings plummet due to a restrictions on households mixing.

These grants will also be available retrospectively for areas which have already been subject to restrictions, and come on top of higher levels of additional business support for areas moving into Tier 3.

Around 150,000 business in England could be eligible, the Treasury said.

Drone flying

Some drone owners will need to apply for a special certificate from November 1.

If you operate a drone weighing more than 2kg from November 1 you will need a General Visual Line of Sight Certificate.

This is a replacement for the Permission for Commercial Operations and means you have to pass a theory test, a flight test and complete a manual.

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Help for self-employed

Extra help for self-employed Brits will see the amount covered by grants increase from 20% of profits to 40%, meaning the maximum payout will increase from £1,875 to £3,750.

This will amount to a potential further £3.1 billion of support to the self-employed through November to January, with a further grant to follow covering February to April.

Public sector exit payments

From November 4 there will be a limit on exit payments for workers such as nurses and teachers.

The cash limit will be on everything from severance to payments in lieu of notice.

Redundancy payments will also be included in the public sector cap.

Changes to loans, credit cards and overdrafts

Anybody with credit card payments or overdrafts will not have to worry about debts ballooning due to Covid-19.

Rules coming into play on November 1 will replace the current help, and forces banks to offer payment holidays to struggling Brits.

The Financial Conduct Authority (FCA) said banks and other lenders will be required to offer customers tailored support to stop debt spiralling – including scrapping interest payments, extending loan terms and ditching other charges.

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