6th November 2020

Following the Government’s announcement on 31 October 2020 that the Coronavirus Job Retention Scheme (CJRS) would be extended for a further month until December 2020, Chancellor Rishi Sunak subsequently announced on 5 November 2020 that the CJRS will now remain open until 31 March 2021 to support individuals and businesses impacted by the continued disruption caused by Covid-19 this winter.

The CJRS was due to be replaced by the new Job Support Scheme (JSS) from 1 November 2020. However, the start of the JSS has now been delayed until the extended CJRS comes to an end. In addition, the Job Retention Bonus (JRB) will not be paid in February 2021 as initially intended, with the government stating that a retention incentive will be deployed at the appropriate time.

The extended CJRS will operate as the previous scheme did, but with more generous support than was given in October 2020, during which employees received 60% of their usual salary. For claim periods running to January 2021, the level of support will reflect that of the CJRS in August 2020, with employees receiving 80% of their usual salary for hours not worked, up to a maximum of £2,500 per month.

Employers will be able to make a claim from 8am on Wednesday 11 November 2020.

The government will review the policy in January 2021 to decide whether economic circumstances are improving enough to ask employers to contribute more.

We have created further guidance on the extended CJRS based on what we know so far which can be downloaded via the following link. More detailed guidance is expected to be published by HMRC next Tuesday 10 November 2020.

> Click here to download our summary of the extended CJRS <

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