Furlough Scheme Extension Details, An Employer S Guide To The Coronavirus Job Retention Scheme Furlough Extension The Accountancy Partnership

Furlough scheme extension announced this evening by rishi sunak with full details from hm treasury october 31 2020 the announcement earlier this evening by boris johnson to close hospitality for a month lacked one very important detail support for businesses forced to close.

Government newsom news. Extension of the furlough scheme until 31 march 2021 back to legal news listing the government has announced that it is further extending the coronavirus job retention scheme until 31 march 2021 as a turbulent covid 19 affected winter is expected. Further details about the scheme and scheme rules will be available shortly and i will summarise the key details and points to note as soon as we have more information. The government has extended the furlough scheme meaning workers can get 80 of their salary paid through lockdown.

It is fair to say that todays 5 november announcement by the chancellor was a surprise to many. The furlough extension meant a postponement of the job support scheme which was due to start on 1 november and for more details see our recent update. Employees on furlough will continue to get 80 of their salary up.

In a boost to millions of jobs and businesses rishi sunak said the furlough scheme would be extended by a further four months with workers continuing to receive 80 of their current salary. We dont yet have full details on the extension of the furlough scheme but heres what we know so far. The treasury hasnt given a precise end date though the chancellor rishi sunak tweeted that it would run another month.

This is in addition to billions of pounds in tax deferrals. This extension would coincide with the imminent national lockdown in england. Following boris johnsons announcement on saturday 31 october of a further nationwide lockdown for england from thursday 5 november 2020 until wednesday 2 december 2020 the government have also decided to extend the coronavirus job retention scheme cjrs until december 2020.

Job support scheme jss was due to start on the 1 st november 2020 but it has been postponed until the furlough scheme ends. The furlough scheme protected over nine million jobs across the uk and self employed people have received over 13 billion in support. Menu extension of the furlough scheme print publication.