Last month The Chancellor Rishi Sunak set out details to extend the Coronavirus Job Retention Scheme (CJRS) also known as the ‘furlough scheme’ and changes happening to the scheme in the coming months.
So far 8.4 million workers have been placed on furlough with 1 million businesses in the UK taking advantage of the scheme to save jobs.
The scheme has now been extended until October 2020, and you’ll be able to bring employees back from furlough part time from 1 July.
We’re still waiting for details on how this will work and we’ll update you with the guidance as soon as we know. This should be coming on 12 June.
One of the most important things for employers to note is that the scheme will close to new entrants on Wednesday 30 June. In practice this means an employee needs to be placed on furlough before or on Wednesday 10 June.
If you want to take advantage of the scheme until October, 10 June is the last day that you can furlough an employee for the first time, due to the minimum 3 week period that an employee must be furloughed for.
If you don’t place an employee on furlough before 10 June, you won’t be able to access the scheme to claim a grant for financial assistance for the wages of those employees.
To read more about the changes you can read our previous update here.
Or you can read the government update here.
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