Coronavirus: Job Retention Scheme Extension

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  2. Coronavirus: Job Retention Scheme Extension
Coronavirus: Job Retention Scheme Extension…

 

On 31st October the Prime Minister announced that the Job Retention Scheme (JRS) would be extended for a further month.

 

We are awaiting finalised information but currently available information is summarised below:

 

 

  • The Job Support Scheme has been postponed and will be reviewed once the extended JRS has finished
  • The new furlough scheme will be open until December with the government providing grants of 80% for non-worked hours up to a cap of £2,500
  • Employers National Insurance and Pension Contributions will not be covered by this grant and will remain the responsibility of the employer
  • Neither the employee or the employer needs to have used the previous JRS
  • Employees must have appeared on an RTI submitted by the company on or before 30th October 2020
  • Calculations are expected to reference usual hours and be similar to the current JRS
  • Full and flexible furlough will be able to be claimed
  • Reports and claims must be made for a minimum period of 7 consecutive days
  • The employer can still choose to top up employees’ pay
  • We await confirmation of when claims can be made but there will be no gap in support.