Latest Changes: Furlough Scheme Extended and Further Economic Support announced

The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31‌ October, will now be extended, with the UK government paying 80% of wages for the hours furloughed employees do not work, up to a cap of £2,500 for periods from 1 November.

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You will need to pay all employer National Insurance Contributions (NICs) and pension contributions. You can choose to top up your furloughed employees’ wages beyond the 80% paid by the UK government for hours not worked, but you are not required to do so.

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The CJRS is being extended until December.

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The Job Support Scheme will be introduced following the end of the CJRS.

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In addition, business premises forced to close in England are to receive grants worth up to £3,000 per month under the Local Restrictions Support Grant.

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For further information please click here.

Job Retention Scheme Extended
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