This latest update overrides previous announcements from the government that both the CJRS would be replaced by both the Job Support Scheme (JSS) and that CJRS would only run until December 2020. A statement from the Treasury also confirmed that the Job Support Scheme (JSS), which had been due to launch on 1st November has now been postponed, and will not start until the CJRS has closed.
The CJRS was due to have ended on 31st October after being scaled down to cover 60% of salaries during that month. However, as the scheme continues, it has also reverted to its original level of support. Furloughed employees will receive 80% of salary for hours not worked and businesses asked only to cover national insurance and employer pension contributions. As previously, employers may top up the wages to 100% if they so wish.
Chancellor Rishi Sunak said that the scheme will retain the flexible element and furloughed employees will receive 80% of their current salary for hours not worked, up to a maximum of £2,500.