Chancellor announces Plan for Jobs to help Businesses

Chancellor, Rishi Sunak announced a plan for jobs on 8 July 2020. We set out some of the key highlights. Furlough will not be extended: although it seems attractive, it will be worse for the economy to extend it. So, it will end in October 2020. A new policy has been introduced to reward and incentivise employers who successfully bring furloughed staff back – a new Jobs Retention Bonus. As an employer, if you bring someone who was furloughed and you continuously employ them through to January 2021, the Government will…

Coronavirus Job Retention Scheme (CJRS)/Furlough changes explained

As you may be aware the Chancellor extended the furlough scheme, but on 29 May 2020 the Chancellor provided some clarity to how the furlough scheme would work after 31 July 2020. So, we’ve prepared this FAQ to help explain some of the changes. What are the key changes that will apply from July 2020? From 1 July 2020 furloughed employees will be allowed to undertake part-time work. This will affect the information an employer is required to submit when making a claim. Employers will need to provide certain information…

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