Coronavirus Job Rentention Scheme Extented
The latest announcement from the Government extends the Coronavirus Job Retention Scheme to 31 March 2021 and postpones the Job Retention Bonus previously expected to be paid in February.
To be eligible :
The Employer doesn’t have to have used the CJRS scheme before
The Employee doesn’t have to have been furloughed before – but musthave been included on a payroll submission to HMRC on or before 30th October
Employees can be fully furloughed or flexibly furloughed – so employees can work part of their usual hours and be furloughed for the rest with the grant covering 80% of the hours not worked.
There is no minimum furlough period.
Claims must be for days within one month only.
Claims can be made from 11th November 2020 and claims for November must be made by 14th December.
Claims for later months must be made by 14th of the following month.
The 30th November deadline for filing of furlough claims to 31st October remains in place.
The Job Retention Bonus expected to be paid in February to encourage employers to keep people in work until January has been postponed until considered appropriate.
If you have any queries, or wish to discuss the above, please do not hesitate to contact us.