COVID-19: Furlough scheme extended to October 2020

The Chancellor has announced an extension of the Coronavirus Job Retention Scheme (CJRS) by four months to the end of October 2020 alongside a proposed relaxation of some of the scheme rules from August 2020.

The announcement confirmed

  • CJRS to be extended by four months, to continue until the end of October 2020
  • Furloughed employees will continue to receive 80% of their salaries, capped at £2,500 per month
  • Flexibility measures will be introduced from 01 August 2020 to encourage employees back to work. Workers may be able to return part-time
  • Employers will be requested to contribute to their wages costs by paying a percentage of their staff costs from August 2020

More details on how the changes to the rules will work are due to be announced by the end of May.

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