When will the Coronavirus Job Retention Scheme close?
The Coronavirus Job Retention Scheme is closed to new entrants from 30 June 2020. As the minimum length for a period of furlough is three weeks, an employee must have been furloughed no later than 10 June 2020 for the employer to be eligible to claim for them under the scheme. There is an exception to this cut-off date for employees returning from statutory family leave and employees who are reservists returning from active service. These employees will be eligible to be furloughed for the first time after 10 June 2020, provided that their employer has previously furloughed other employees.
Employers had until 31 July 2020 to make a claim in respect of the period up to 30 June 2020.
From 1 July 2020, employers that have previously used the scheme can still make claims, but only for employees who have previously been furloughed for at least three consecutive weeks between 1 March 2020 and 30 June 2020.
The funding that employers can claim under the scheme will reduce gradually until the end of October 2020, when the scheme will close.