Monday, November 2, 2020

Job Retention Scheme - not dead yet

Just as we thought the JRS was dead and buried and the new Job Support Scheme was about to go live the Prime Minister decides that England needs to go back into lockdown and the JRS will live on for another month (at least?). The scheme appears to have reverted to the August version when employers only pay the national insurance and pension costs and the government picks up the 80% of wages to be paid up to the monthly maximum. Some of the guidance is somewhat contradictory but it seems as though the other rules remain the same - only those already furloughed can be furloughed now, part-time furloughing is acceptable, and the maximum number of employees on furlough is still the same as before.

We'll get to grips with the claim details in the coming days and will keep you up to date. No news yet on whether the planned changes to the SEISS scheme for the self-employed will be enhanced or extended - fingers crossed.