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COVID-19: Furlough scheme extended by four months

COVID-19: Furlough scheme extended by four months

Mohamed Mavani

The Coronavirus Job Retention Scheme is to be extended by four months to 31 October and employers will be able to bring back furloughed employees on a part-time basis, as part of the government’s plans to ‘re-open the economy’.

Until the end of July, there are no expected changes.  However from August to October the scheme will continue for all sectors of the UK but with greater flexibility to support the transition back to work. Employers using the scheme will be able to bring back furloughed workers part time, with full details to follow by the end of May.

The Chancellor has made it clear that employers using the scheme would need to pay a share of the cost of salaries, along with the government, if they wanted to bring back employees part-time.

Further details will be announced in due course.

READ GOVERNMENT ANNOUNCEMENT

If you need further advice on the Job Retention Scheme, furloughing workers, or any of the other measures in place to support businesses during the coronavirus crisis, please contact your local Moore advisers.