The Coronavirus Job Retention Scheme (CJRS) ends 31 October 2020 and is replaced by a new arrangement, the ‘Job Support Scheme’ with effect from 1 November 2020. The new scheme will initially run for 6 months until 30 April 2021, but this will be reviewed in January 2021. There are two strands to the scheme:
•Under the terms of the ‘standard’ Job Support Scheme, where the employer is continuing to operate but employees work reduced hours, HMRC will potentially pay 1/3rd of the employee’s wages up to a maximum grant of £697.92 per month.
•Alternatively, under the ‘Expansion for Closed Business Premises’, where employees are unable to work because the employer has been required to close its premises, HMRC will pay 2/3rds of the employee’s wages up to a maximum £2100 per month (so a maximum grant of £1400 per month).