1st June 2020

In his announcement on Friday (29 May), the Chancellor gave further details of the changes to the Coronavirus Job Retention Scheme (CJRS).

The purpose of this article is to provide you with a summary of the key changes. In addition, we have set out the changes in more detail in a document which can be downloaded via the following link:

Click here to download our guide to the revisions applying from 1 July 2020 (PDF 174kb)

The key issues to note are:

  1. Current furlough grants continue until 31 July.
  2. No new claims after 30 June.

The key implication here is that an individual will need to have been furloughed for three full weeks by 30 June for a claim to be made. Therefore he/she will need to have been furloughed before 10 June.

  1. “Flexible” furloughing allowed from 1 July.

Part time work allowed from 1 July – furloughed employees can come back to work part time from 1 July with the employer paying the full cost of work days (and the government continuing to pay a grant up to the 80% limit for non-work/furlough days in July with lower rates in August through to October.

  1. Phasing out timeline, and employer contributions from 1 August. The phasing out had previously been announced and the details have now been published.

Phasing out timeline:

For an individual who receives 80% of salary (and does not exceed the £2,500 cap) the phasing out is:

From August – employer bears employer NI and pension cost

From September – employer bears employer NI and pension cost plus 10% of the salary cost

From October – employer bears employer NI and pension cost plus 20% of the salary cost

It is expected that there will be some other points which come out of the detail as it is debated, and we will outline these as soon as they are announced.

Our full Coronavirus Job Retention Scheme guidance has been updated to reflect all changes announced up to, and including, 29 May 2020.

Click here to download our full CJRS guidance (PDF 257kb)

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