Coronavirus Jobs Retention Scheme (CJRS) now extended until end of March 2021

Following the recent UK Government announcement that the CJRS would be extended until 2 December, the scheme has now been extended until the end of March 2021. 

 Key points: 

  • Eligible employees will receive 80% of their usual salary for hours not worked, up to a maximum of £2,500 per month. 
  • Businesses will have flexibility to use the scheme for employees for any amount of time and shift pattern, including furloughing them full-time. 
  • There will be NO employer contribution to wages for hours not worked. Employers will only be asked to cover National Insurance and Employer pension contributions for hours not worked. This applies to periods running to January 2021. The policy will be reviewed in January in light of economic circumstances 
  • The extended CJRS will operate as the previous Scheme did, with businesses being able to claim either shortly before, during or after running payroll. Claims can be made from 8am Wednesday 11 November. Claims made for November must be submitted to HMRC by no-later than 14 December 2020. 
  • Employers do not need to have had the CJRS previously and employers across the UK can claim whether businesses are open or closed 
  • The Job Retention Bonus (JRB) will not be paid in February 2021 and a retention incentive will be deployed at the appropriate time. 

Please ensure you read fuller information and more scheme details via the link below which sets out for example details around: 

  • Core employability criteria
  • Employees not claimed for previously under CJRS
  • Employees re-employed by their employer
  • When employees are on furlough
  • Other conditions of claiming CJRS
  • Making a claim

 https://www.gov.uk/government/publications/extension-to-the-coronavirus-job-retention-scheme/extension-of-the-coronavirus-job-retention-scheme

Posted on: Monday 9th November 2020