Coronavirus Job Retention Scheme (CJRS): Guidance Updates
On Thursday, 17 December 2020, Chancellor, Rishi Sunak announced that the Coronavirus Job Retention Scheme (CJRS) is being extended for an extra month, until 30 April 2021. The decision to extend the CJRS provides reassurance to employers and employees across the UK into the New Year.
Following the Chancellor’s announcement, the Government released a further Treasury Direction setting out the key changes. In summary, they provide as follows:
- Wage Grants: The guidance confirms that that the Government will continue to pay 80% of wages, up to a maximum of £2,500.00 per month (or £576.92 per week), until 30 April 2021. Employers can continue to choose to top up their employees’ wages, but are not obliged to do so. Employers must however, pay National Insurance Contributions (NICs) and pension contributions for employees who are furloughed. Employers must report such payments of NICs and pension contributions via a Full Payment Submission (FPS) to HMRC on or before the pay date.
- Claim Deadlines: The claim deadlines in respect of March 2021 have been amended as follows
|Claim for furlough days in||Claim must be submitted by|
|November 2020||14 December 2020|
|December 2020||14 January 2021|
|January 2021||15 February 2021|
|February 2021||15 March 2021|
|March 2021||14 April 2021|
All other eligibility criteria in connection with the CJRS remains unchanged.