With a second lockdown confirmed for Thursday 5th November, a lot of Newark, Southwell and Mansfield employers are confused and concerned by the rapidly changing rules. Ross Pierrepont, employment law solicitor at Tallents offers a quick look at the key points of the extension of the Coronavirus Job Retention Scheme (CJRS):
- The government will pay 80% of employee wages (with a cap of £2,500).
- The employer must pay National Insurance and pension contributions.
- Full or flexible furlough can be used (ask us for more information if you need it).
- The CJRS has been extended up to March 2021 (updated 05.11.20). This policy will be reviewed in January 2021. After March 2021, the CJRS will be replaced by the Job Support Scheme.
- Qualifying employees must have been on your PAYE payroll by 23:59 30 October 2020.
- Employees can be on any type of contract.
- Each claim must be for a minimum period of seven consecutive calendar days.
The Government will confirm shortly when claims can first be made in respect of employee wage costs during November, but there will be no gap in eligibility for support between the previously announced end-date of CJRS and this extension. For further clarification or guidance, please contact Ross or Stephanie at Tallents Solicitors.