Changes to Coronavirus Job Retention Scheme from 1st October
From 1st October 2020, HMRC will pay 60% of usual wages up to a cap of £1,875 per month for the hours furloughed employees do not work.
Employers in your Brentwood and Ongar will need to continue to pay furloughed employees at least 80% of their usual wages for the hours they do not work, up to a cap of £2,500 per month. Employers will need to fund the difference between this and the CJRS grant themselves. The caps are proportional to the hours not worked. For example, if an employee is furloughed for half their usual hours in October, employers are entitled to claim 60% of their usual wages for the hours they do not work up to £937.50 (50% of the £1,875 cap). Employers will also continue to pay furloughed employees’ National Insurance and pension contributions from their own funds.
Coronavirus Job Retention Scheme: Claimed too much? Report it online
Employers in your constituency can let us know if they’ve claimed too much Coronavirus Job Retention Scheme (CJRS) grant as part of their next online claim without needing to call us, and avoid a penalty for not repaying.
If an employer has claimed too much and does not plan to submit further claims, they can now let us know - and find out how to make a repayment - through our new online voluntary disclosure service. The system will prompt them to add details if they have received too much. More information is available on GOV.UK.
Providing Support to Help People Get Back to Work
On 5th October 2020, the Work and Pensions Secretary launched a £238 million Job Entry Targeted Support (JETS) employment programme which could support more than a quarter of a million people back into work.
Our unprecedented support of over £200 billion has protected millions of livelihoods and businesses since the start of the pandemic, from Bounce Back Loans to increases in Universal Credit.
- We know the damaging effects of being out of work, so we will launch the JETS – Job Entry Targeted Support – to support those left jobless because of coronavirus, backed by £238 million. This is in addition to our plans to provide jobs for young people through initiatives like the Kickstart Scheme.
- Through schemes like JETS, part of our £30 billion Plan for Jobs, we will continue to protect, create and support people into jobs, to ensure no one is left without hope as we build back better.
The Government are doing this by:
- Announcing a new £238 million Job Entry Targeted Support employment programme to support people who lose their jobs due to Covid-19. JETS will provide new opportunities to people who have been out of work for three months and entered the welfare system. Under the scheme, a number of providers will offer a range of help, including specialist advice on how people can move into growing sectors, as well as CV and interview coaching.
- Launching a Plan for Jobs to promote, create and sustain employment opportunities. Our Plan for Jobs rewards businesses who successfully bring furloughed employees back through the Job Retention Bonus and will see thousands of new high quality jobs for young people created through the already launched £2 billion Kickstart Scheme. It also provides incentives for business to take on more apprentices and trainees, expanding the range of opportunities available to young people. To deliver these ambitious plans, we are recruiting 13,500 more Work Coaches, doubling the total number to 27,000 this financial year.
- Transforming the provision of skills to help people to retrain and find new, well-paid jobs. Our Lifetime Skills Guarantee will provide adults in England without an A-Level or equivalent qualifications from April the opportunity to take up a free, fully funded college course. We are also making higher education loans more flexible, allowing people to space out their study across their lifetimes and take more high-quality vocational courses.