Coronavirus Job Retention Scheme Update #CVJRS

It has been nearly 3 months since chancellor Rishi Sunak launched the new coronavirus job retention scheme. The scheme was designed to alleviate the financial impact of staff wages for firms, and ensuring that minimal redundancies would occur in this time. After the schemes successful introduction, with hundreds of thousands of firms making use of this financial support scheme available to them, the scheme has remained largely unchanged until now. From 1st July 2020, there are new rules that will apply, and also an opportunity for firms to be able to start to get back to normality, by bringing staff back part time whilst being able to claim for the time there is no work for employees to complete. Other rules are also due to come into effect, if you have any questions about any of these rules please let us know and one of the team will be happy to discuss the impact of these new changes on your business.

#COVID19 #jobretentionscheme #jrs #rishisunak