The HMRC Coronavirus Job Retention Scheme designed to help people retain long term employment and avoid mass redundancies that has kept nearly 10 million people in work since it began eight months ago, is set to end in just a matter of weeks on 31.10.20. Time will tell what really happens.
From 01.07.20 employers could bring furloughed employees back to work for flexi-time working and alternative shift patterns, whilst still being able to claim CJRS grant for hours not worked.
For October, the government will pay 60% of wages up to a cap of £1,875 for the hours the employee is on furlough. Employers will pay ER NICs and pension contributions and encouraged to top up employees’ wages.
Employers will continue to able to choose to top up employee wages at their own expense if they wish. Employers will have to pay their employees for the hours worked.
Chancellor Rishi Sunak has repeatedly ruled out extending the scheme. And Prime Minister Boris Johnson has said furlough is ”keeping workers in suspended animation”, while the Bank of England says people should not be kept in unproductive jobs. Contact Us with if you would like assistance to re-design your premises to make it a Covid-secure workplace.