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Coronavirus Job Retention Scheme Extension

Coronavirus Job Retention Scheme Extension

Wednesday, 13 May 2020

The latest update from the Chancellor has confirmed that the CJRS is set to be extended another 4 months until the end of October, with no reduction in the level of support, being 80%/£2,500 a month cap. However, the scheme will be flexed between August and October to allow for part-time work with the sharing of the cost of this flexibility with employers after the end of July.

More detail will be released by the end of May.

This and any future decisions around the scheme will take into account the wider context of any lockdown extension, as well as the public health response, so that people and businesses can get back to work when it is safe to do so.

Read more here

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