Newsflash: CJRS extended
The Government has announced today that the Coronavirus Job Retention Scheme (“CJRS”) has been extended until 30 April 2021.
In our earlier update, which set out the previous extension of the CJRS to 31 March 2021, we reported that the Government would be reviewing employer contribution levels in January 2021. Today’s announcement brings that review forward to allow businesses “to plan ahead for the remainder of the winter and the New Year”.
The Government will continue to pay 80% of the salary of employees for hours not worked until 30 April 2021. Employers will only be required to pay wages, national insurance contributions and pension contributions for hours worked, and national insurance contributions and pension contributions for hours not worked.
The eligibility criteria remain unchanged, but the finer detail of the CJRS remains complex. If you need advice on the CJRS, our team of experts can help.
This update is for general purposes and guidance only and does not constitute legal or professional advice. You should seek legal advice before relying on its content. For advice, get in touch with your usual Greenwoods GRM contact or scroll down to complete our enquiry form.