The Coronavirus Job Retention Scheme (CJRS) (also known as the ‘furlough scheme’) had been due to end on Saturday 31 October 2020. The government had previously announced that a new, but less generous, support package (the Job Support Scheme) would be available to employers and employees from 1 November.
However, at the eleventh hour, on 31 October, HM Treasury announced that the CJRS, would be extended in order to provide support to businesses and employees during the new national lockdown period due to begin on Thursday 5 November. It therefore remains available to businesses as of today and will be open until December.
Read our latest Briefing Note entitled Furlough extended, Job Support Scheme postponed for further information and an overview of the key dates.