When will the Coronavirus Job Retention Scheme close?

The Coronavirus Job Retention Scheme has been extended to remain open until 30 September 2021. (The scheme was originally due to close on 31 October 2020 and was then extended until 30 April 2021.)

The scheme will cover 80% of furloughed employees' wages (to a maximum of £2,500 per month) until 30 June 2021. The employer will be responsible for paying the employer national insurance contributions (NICs) and pension contributions. Employer contributions will increase in July, August and September 2021.

Employers can flexibly furlough employees under the extended scheme, so employees can work part time with the employer claiming under the scheme for the unworked hours.