Correct as of 2nd November 2020
We have provided various updates on the Coronavirus Job Retention Scheme (the Scheme) including when the scheme was first announced, when further guidance was issued on 26 March 2020, on 6 April 2020, on 8 April 2020 as further details were announced, on 9 April 2020, on 15 April 2020 as the scheme expanded in scope when the scheme went live on 20 April 2020, when the scheme was extended until the end of October, when the Treasury Directions were updated, on 29 May 2020 when changes to the scheme were announced, when further details of the Flexible Furlough scheme were announced and when Flexible Furlough Scheme went live.
The scheme was due to close on 31st October to be replaced by the new Job Support Scheme, however, following a late announcement by the Prime Minister on 31st October, the scheme is set to be extended until December in line with the duration of the new lockdown recently announced in England. Importantly, this puts the Job Support Scheme on hold.
Employers may have been preparing to use the new Job Support Scheme, but now will be able to rely on the extended CJRS. The extended CJRS will be different from the version of the scheme which employers were using towards the end of October and employers should note the following key points:
We still await full details of how the extended CJRS scheme will work, with more guidance expected shortly. However, for employers who had already communicated to employees they were to be placed on the Job Support Scheme, it will be required to appropriately document the change to the extended CJRS scheme.
What about the Job Support Scheme?
The Job Support Scheme will now be introduced following the end of the CJRS, which is scheduled to be in December. Further details of the Job Support Scheme were released on Friday and we will provide an update on this separately.
Get in touch
If you have any queries please contact one of the employment team to discuss further.