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COVID19: Extension to October for the Coronavirus Job Retention Scheme Confirmed

The Coronavirus Job Retention Scheme (CJRS) is the UK scheme to pay wages of workers on leave because of coronavirus. Chancellor Rishi Sunak has confirmed today that this scheme will be extended to October 2020.

He said the government backed workers and companies going into the lockdown, and would support them coming out.

Mr Sunak confirmed that employees will continue to receive 80% of their monthly wages up to £2,500. But he said the government will ask companies to “start sharing” the cost of the scheme from August.

More than seven and a half million workers have been enrolled onto the scheme, with claims totalling more than £8bn.

Further details will be published by the end of May and we will keep you updated as soon as we know more.

Our business contingency plan is in place and we will do everything we can to support our clients during this uncertain period, please do not hesitate to contact us here if you have any concerns or queries.

For further information on the Coronavirus Job Retention Scheme please see our dedicated COVID-19 support hub below: 

Visit our COVID19 Business Hub for more information


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