HMRC has confirmed that the final date for submitting any claims under the Coronavirus Job Retention Scheme (CJRS) will be 30 November 2020. It has stated that, after this point, there will be no option to make new claims, or to add to any previous claims.

The scheme closes at the end of this month, on 31 October 2020, and for any employers wishing to use it, the Job Support Scheme (JSS) becomes active from 1 November 2020, but aims to ensure that employees are in viable employment', and are working at least a third of their usual hours.

The CJRS has been in place since March 2020, at which point the government funded 80% of an employee's usual wages, plus the associated employer National Insurance (NI) contributions and minimum compulsory pension contributions. The level of funding is gradually being withdrawn, and for claims relating to October, the Government will pay 60% of employee wages, ahead of the scheme's closure.

About the Author: Jamie Skelding

Prime Accountants News Centre

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