As Tiers Go By (CJRS3)
The Corona Job Retention scheme (CJRS2) was due to have ended after being scaled back to cover 60% of salaries during October. For the month of November only the CJRS has been extended in Scotland, as in England. That means that the introduction of the Job Support Scheme (JSS) has been delayed.
5 NOVEMBER UPDATE: CJRS3 has now been extended to March - so employees can get paid 80% of their normal pay 'til then. But the government has said that in January it will review the level of funding it gives to employers (and expect it to be cut, as it was before, to 70% and then 60%)
Whilst we have not seen full details yet, the Chancellor has confirmed that the scheme will retain the flexible element. The level of government support will return to the levels given in August and furloughed employees will receive 80% of their current salary for hours not worked, up to a maximum of £2,500pm. Employers may top up furloughed staff’s salary to the previously contracted amount if that is what has been agreed with the employee, but most pay only the 80% they can recover.
Employers will be able to furlough employees full time or part time, but to be eligible for the grant an employee must have been on an RTI submission made to HMRC before 23.59 on 30 October 2020. This means that new employees who joined too late for CJRS2 may now be eligible.
Employers must pay employer national insurance and pension contributions for hours not worked. And they must continue to pay for hours worked as normal.
The extension of CJRS is welcome, but does nothing to help the 3 million that trade as self-employed or through their own limited company, and receive nothing at all through CJRS or SEISS.
PS Meanwhile, remember to get ready for Brexit...
When I complete the transition questionnaire I get told my "personalised actions" and that includes following 18 links to pages that give me links to other pages that generally can't tell me what I need to do to get ready. Oh, yes and I need to contact the Scottish regulators for advice....
My riches can't buy everything
I want to hear the children sing
All I hear is the sound
Of rain falling on the ground
I sit and watch
As tiers go by
(The Rolling Stones)