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Scrap that! Furlough Scheme extended until March 2021

12.11.2020

Private Client

It was only last week that we issued a blog on the Job Support Scheme (JSS), however the government have now announced that they will be withdrawing the JSS and will be extending the original Furlough Scheme (CJRS) until the 31 March 2020.

 

It has come with great frustration and relief for business owners. Frustration due to spending time and resources figuring out how the Job Support Scheme was going to impact their business and a relief to now know they have the governments support for another 5 months, with employees continuing to receive 80% of their salary.

 

Unlike the original scheme, employees are now allowed to carry out some work, providing a greater degree of flexibility for employers.

 

There is not much you need to adapt from the first time around. The only significant difference is that eligible employees will have had to have been reported on the RTI submission anytime between 20 March and 30 October 2020.

 

The closing period for claims has also been significantly reduced, so make sure you don’t miss out! 

 

Pay Period Closing Date
31 Oct 20 30 Nov 20
30 Nov 20 14 Dec 20
31 Dec 20 14 Jan 21
31 Jan 21 14 Feb 21
28 Feb 21 14 Mar 21
30 Mar 21  14 Apr 21

 

Here is what you need to know: 

Our payroll department are keeping up to date with the new guidance as it is released with numerous hours of webinars and technical reading to make sure that we can assist our clients through these tough times.

 

If you need any assistance please do get in touch. 

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