Coronavirus Job Retention Scheme Extended Until March 2021
On Thursday 5 November 2020, the Chancellor announced that the furlough scheme is to be extended until the end of March 2021. During this period you will be able to claim up to 80% of an Employees salary up to a cap of £2500.
Full guidance will be published on 10th November.
What is the criteria for claiming from the CJRS?
- Anyone made redundant after 23rd September can be rehired and placed back on furlough.
- Employees must be on the Employers’ PAYE payroll on 30th October 2020 and the Employer must have submitted a RTI submission between 20th March and 30th October for that employee.
- Employers who have not used the scheme previously are eligible.
- Employees can be furloughed if they are shielding in accordance with the guidance and/or have caring responsibilities.
- The scheme is flexible. The employee can work reduced hours and be furloughed for the remainder of their contractual hours.
- The Job Retention Bonus will not be paid in February 2021 and the Job Support Scheme will be postponed.
- The Chancellor confirmed that the next review of the scheme will be in January. At this review the Government will consider whether employers should be asked to make a contribution towards their employee’s salary.
If you require advice on this or any other employment law related issue, please contact the Employment team at Downs Solicitors LLP