Deadline for new entrants to the Job Retention Scheme is today
Any employees not yet furloughed, must be furloughed no later than today (10 June 2020) to be eligible for support during the final four months of the scheme. The original scheme is due to finish on 30 June 2020, from 1 July to 31 October 2020 an extension of the scheme will begin which will allow employers to bring employees back to work on a part-time basis.
However, in order to be furloughed into the second part of the scheme, which starts on 1 July 2020, employees need to have been already furloughed for a minimum of three continuous weeks at some point between 1 March 2020 and 30 June 2020. Therefore, anyone wishing to add an employee into the scheme will need to do this by today to ensure they have had three continuous weeks of furlough before the deadline of 1 July 2020.
The second part of the Job Retention Scheme will allow employers to start bringing employees back to work on a part-time basis whilst still receiving support from the Government. In September the Government will pay 70% (up to £2,187.50) whilst the employer pays 10% and in October the Government will pay 60% (up to £1,875) and the employer 20%.
The extension of the Job Retention Scheme will allow employers to gradually bring staff back to work whilst still receiving some support from the Government.
If you need help or support on any of the above, please contact the friendly team at Clear Vision on 01794 330 025 or email us on firstname.lastname@example.org