A number of important changes have been announced in the last
week or so which affect employers who have used or are still using
the Coronavirus Job Retention Scheme.
This update covers for following:
- The government has announced more details on the furlough bonus
scheme
- New rules came into force on 31 July requiring employers to use
furloughed employees' normal pay to calculate statutory
payments including redundancy and notice pay
- The government also gave further guidance on overclaims and
penalties
Furlough bonus scheme – more details
announced
As part of the government's plans to support the UK economic
recovery, it recently announced plans to pay a Job Retention Bonus
to employers who keep their furloughed employees on after the
Coronavirus Job Retention Scheme ends on 31 October 2020. The
government has now released further details of how employers qualify for
the bonus.
