Business Wales: Changes to the Coronavirus Job Retention Scheme

TEE Covid Information

The Coronavirus Job Retention Scheme (CJRS) will close on 31 October 2020 and the UK Government has updated their guidance.

What you need to do from July:

  • start your flexible furloughing of employees from 1‌‌ July onwards, you can decide the hours and shift patterns they work to suit the needs of your business – you’ll pay their wages for the time they’re in work and can apply for a job retention scheme grant to cover any of their usual hours they are still furloughed for and you can still keep employees on full furlough if you need to
  • claim for periods ending on or before 30‌‌ June 2020, by 31‌‌ July 2020 – this is the last date you can make those claims
  • claim for further furlough periods as needed – the first time you will be able to make a claim for days in July will be 1‌‌ July 2020

From 1 August 2020, the level of grant will be reduced each month.

For further information please visit the GOV.UK website.

Source: Business Wales (https://businesswales.gov.wales/news-and-blogs/news/changes-coronavirus-job-retention-scheme)

Subscribe to receive regular, up to date Torfaen Economy & Enterprise information bulletins right to your email address

Posted on: Tuesday 23rd June 2020