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Folkes Worton LLP

Job Retention Scheme Update

I wanted to share with you the latest updates surrounding the Corona Job Retention Scheme (CJRS), so please note that this is only relevant for employers for whom we are not making furlough claims on their behalf.

The Government’s Coronavirus Job Retention Scheme has been extended and the key points announced by Chancellor Rishi Sunak are:

  • Coronavirus Job Retention Scheme will continue until end of October,
  • furloughed workers across UK will continue to receive 80% of their current salary, up to £2,500,
  • new flexibility will be introduced from August to get employees back to work and boost economy.

The Government stated as we reopen the economy, we need to support people to get back to work. From the start of August, furloughed workers will be able to return to work part-time with employers being asked to pay a percentage towards the salaries of their furloughed staff.

The employer payments will substitute the contribution the Government is currently making, ensuring that staff continue to receive 80% of their salary, up to £2,500 a month.

New statistics published today revealed the job retention scheme has protected 7.5 million workers and almost 1 million businesses.
 
The scheme will continue in its current form until the end of July and the changes will come in from the start of August to allow more flexibility.
 
More specific details and information around its implementation will be made available by the end of this month.
 
The government will explore ways through which furloughed workers who wish to do additional training or learn new skills are supported during this period. It will also continue to work closely with the Devolved Administrations to ensure the scheme supports people across the Union.

The Chancellor’s decision to extend the scheme, which will continue to apply across all regions and sectors in the UK economy, comes after the Government outlined its plan for the next phase of its response to the coronavirus outbreak.

HMRC UPDATE ON CJRS APPLICATION PROCESS

Save and return option now added

In response to feedback from claimants using the service, HMRC have added a ‘save and return’ option. This means that you can now return to a partially completed claim, rather than having to do it all in one go.

We understand that sometimes you might make an error in your claim, and HMRC are working on a process to enable you to amend a claim. In the meantime, please do not amend your next claim to reflect any errors that you may have made in a previous one, as this could delay payment. If HMRC spot an error then, where possible, they will contact you or your agent to correct the claim.

If you require any help or advice with the Job Retention Scheme, please do no hesitate to contact on 01384 376964