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ARTICLE · 07 OCTOBER 2020

Covid-19: The CJRS & Job Retention Bonus Final Pieces

Gowling WLG
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As the Coronavirus Job Retention Scheme (CJRS) draws to a close on 31 October 2020, we now have the outstanding detail on the cut off for claims to be submitted in relation to the CJRS...

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The October Treasury Direction

On 2 October 2020, HM Treasury published a new Schedule to the Coronavirus Act 2020 Functions of HMRC (Coronavirus Job Retention Scheme) Direction (the October Treasury Direction).

CJRS claim submission cut-off

Part one of the October Treasury Direction simply confirms that 30 November 2020 is the last day an employer can submit claims for a CJRS grant. After this date employers will not be able to submit any further claims or add to existing claims.

Job Retention Bonus ('JRB')

To encourage employers to retain furloughed employees after the CJRS closes, back in July the Chancellor announced the JRB under which employers can claim a £1,000 payment for every employee previously claimed for, non-fraudulently, under the CJRS who, subject to minimum earnings thresholds, remains continuously employed until 31 January 2021 and not serving a contractual or statutory notice period starting before 1 February 2021.

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