Another extension to the Coronavirus Job Retention Scheme
The Coronavirus Job Retention Scheme (CJRS) was initially extended from 31 October 2020 until the end of November 2020. It was then extended again until 31 March 2021.
On 17 December a further extension was announced until 30 April 2021. Under the CJRS employers are able to claim 80% of employees' wages, capped at £2,500 per month for hours not worked. Employers are responsible for paying national insurance contributions and employer pension contributions on furlough pay.
Meanwhile HMRC will start publishing details of employers' CJRS claims on GOV.UK from February 2021. The published information, relating to claim periods starting on or after 1 December 2020, will include the employer name, an indication of the value of the claim within a banded range and the company number (for companies and LLPs). From February, furloughed employees will also be able to see details of claims made for them after 1 December 2020 in their personal tax account.
For more information on the CJRS, please see our FAQs.