The Chancellor has this afternoon confirmed that the Coronavirus Job Retention Scheme (CJRS) is extended so that instead of ending on 31 May, it will now continue until the end of June (see here). This follows calls from the CBI to confirm the extension now, given that employers would need to start consultation on 18 April if making 100 or more redundancies on 31 May.
In light of the recent updates to HMRC guidance on the CJRS and the Treasury Direction setting out its legal framework covered in blog posts earlier this week, we have now updated our detailed briefing on the CJRS, available here. Our updated briefing on key issues for employers is available here.
Please do get in touch with your usual contact if you have any questions.
Key contacts
Steve Bell
Managing Partner - Employment, Industrial Relations and Safety (Australia, Asia), Melbourne
Emma Rohsler
Regional Head of Practice (EMEA) - Employment Pensions and Incentives, Paris
Disclaimer
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