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Keeping up to date

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New CJRS Treasury Direction

Posted on: November 17th, 2020 by Ginny Hallam

HM Treasury has published the fourth Direction covering the Coronavirus Job Retention Scheme (here). It is consistent with the latest government guidance and provides clarity regarding the publication of those employers claiming furlough and whether furlough can be claimed for employees serving notice.

Here are the headlines:

Notice – you cannot claim for any day that an employee is serving statutory or contractual notice from 1 December 2020 to 31 January 2021 (inclusive).

Public information – in order to claim furlough from December onwards you must confirm your acceptance that HMRC will make the names of employers claiming furlough publically available. Our update tomorrow will include more information on this.

Furlough agreements – as we know, you must secure agreement in writing in advance of furloughing employees. You are no longer able to secure that agreement retrospectively. Get in touch to access our template letters.

CJRS bonus – the Direction confirms that the bonus has been withdrawn.

February 2021 onwards – the Direction doesn’t provide clarity on the furlough scheme from February 2021 onwards. Further updates will be provided in respect of that period and beyond.

Get in touch if you need advice or support on anything contained in this update or the latest Treasury Direction.

 

This update is accurate on the date it was sent (17 November 2020), but may be subject to change which may or may not be notified to you. This update is not to be taken as advice and you should seek advice if anything contained within affects you or your business.