The Coronavirus Job Retention Scheme (“CJRS”), or “furlough scheme” as it has been more commonly referred to, has been extended until the end of March 2021 (subject to a review in January).
The CJRS as it will apply from 1 November is more generous than both the terms of the CJRS in effect at 31 October and the Job Support Scheme which was anticipated to replace the CJRS. Employers will be able to claim up to 80% for each furloughed employee’s current salary (up to a maximum of £2,500 per month) in line with how the scheme operated between March and August 2020. Further detail is expected in guidance tomorrow (10 November).
Whether you are proposing to keep existing arrangements in place for employees already on the CJRS, place employees onto the CJRS for the first time or re-furlough previously furloughed employees, it is advisable to put new documentation in place with effect from 1 November both for employment law and HMRC purposes.
Please get in touch with Adam Convisser if you have any queries about the furlough scheme or any other employment law matters.
Please note – this article does not constitute legal advice.