Furlough extension

05-11-2020


The Coronavirus Job Retention Scheme (CVJRS) or furlough scheme has now been extended until March 2020 and current payment rates will be reviewed regularly but expected to be maintained until the end of the year. This means that the planned replacement Coronavirus Job Support Scheme (CVRSS) for open and closed businesses has been postponed.

The furlough options available will reflect the flexible furlough rules that were in place in August 2020, which makes it more generous than the support that was available in October.

In summary:

Further guidance is awaited and you can read the current announcement here.


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