Coronavirus Job Retention Scheme – Important dates
At the end of May the UK Government announced an extension to the Coronavirus Job Retention Scheme. The extension to this scheme created important dates that employers should be aware of.
10 June – this is the last day on which someone who has never been furloughed before can start a period of furlough and qualify for the scheme because…
30 June – any employee who has not been furloughed for 3 weeks by 30 June will not be able to be furloughed in the future.
1 July – employers will have the flexibility to bring previously furloughed employees back to work on a part time basis, deciding the hours and days they work. Employers will pay wages for the hours and days worked and make a furlough grant claim for the normal working hours the employees are still not working.
31 July – employers must make a claim for any period of furlough up to 30 June, by 31 July.
1 August – employers will need to meet the employers National Insurance and employers Pension Contribution costs of furloughed employees.
1 September – the grant will cover 70% of furloughed employees gross wages, down from 80% (we are still awaiting clarification on how employers will need to deal with the other 30%).
1 October – the grant will cover 60% of furloughed employees gross wages, down from 70% in September (we are still awaiting clarification on how employers will need to deal with the other 40%).
31 October – the furlough scheme will close.
Also, on 12 June the UK Government will publish full guidance on the extension to the Coronavirus Job Retention Scheme and webinars offering support on the changes will be available to book online on gov.uk.
A UK Government business support website can be found here. It contains guidance on all Coronavirus financial measures and business advice.
A UK Government general COVID-19 support website can be found here. It contains guidance on all matters pertaining to the Coronavirus.