FURLOUGH SCHEME EXTENSION

November 5, 2020

Government extends Furlough to March

 

The government is extending the CJRS to support individuals and businesses who are impacted by disruption caused by coronavirus (COVID-19) this winter. This is an extension of the CJRS and the scheme rules will remain the same except where we say otherwise.

The CJRS (also known as the furlough scheme) will remain open until 31 March 2021. For claim periods running to January 2021, employees will receive 80% of their usual salary for hours not worked, up to a maximum of £2,500 per month. The £2,500 cap is proportional to the hours not worked.

The government will review the policy in January to decide whether economic circumstances are improving enough to ask employers to contribute more.

Claims can be made by employers across the UK that meet the eligibility criteria.

To read the updated guidance on eligibility criteria for employers and employees, what employers will need in order to claim and updated information on reference data to calculate those claims visit https://www.gov.uk/government/publications/extension-to-the-coronavirus-job-retention-scheme/extension-of-the-coronavirus-job-retention-scheme

Claims relating to periods ending on or before 31 October 2020 are not part of this extension. For claims on or before this date check the existing guidance for more information.

 

Call the Business Helpline to find out how we can help your business. Call 0300 111 8002.