Earlier this month, the Government announced modifications to the Coronavirus Job Retention Scheme (CJRS) as from 1st November, and they have extended the scheme now until 31st March 2021. The original CJRS was due to end on 31st October, with the introduction of the Job Support Scheme from 1st November. Since the announcement of the extension, the government have released guidance for the new terms of the CJRS.
The Extended CJRS (furlough scheme) is more generous than it was in October and the level of grant mirrors the level available in August 2020 where the Government paid 80% of wages up to a cap of £2,500.
Under the new CJRS, employees may now be placed on full furlough or flexible furlough (where employees work part time hours) and employers can agree working arrangements with the employees as previously. Employees can be on any type of employment contract.
Longstanding TAF partners Quest Partnerships have produced a handy FAQ’s document here to help you with navigating the changes to the scheme should you need to use it.