The UK Government have announced the following updates:
- Self-Employment Income Support Scheme (SEISS) will be extended, those eligible will be able to claim a second and final grant in August.
Coronavirus Job Retention Scheme (CJRS)
From 1 July 2020, employers can bring back to work employees that have previously been furloughed for any amount of time and any shift pattern, while still being able to claim CJRS grant for their normal hours not worked. When claiming the CJRS grant for furloughed hours employers will need to report and claim for a minimum period of a week.
The scheme will close to new entrants from 30 June 2020. From this point onwards, employers will only be able to furlough employees that they have furloughed for a full 3 week period prior to 30 June 2020.
This means that the final date by which an employer can furlough an employee for the first time will be 10 June 2020, in order for the current 3 week furlough period to be completed by 30 June. Employers will have until 31 July 2020 to make any claims in respect of the period to 30 June 2020.
Further guidance on flexible furloughing and how employers should calculate claims will be published on 12 June 2020.
For further information please visit the GOV.UK website.
A copy of the factsheet for SEISS and CJRS is available here.