Coronavirus Job Retention Scheme extended to end of June
17 April 2020
The Government this afternoon confirmed that it would be extending the coronavirus job retention scheme (the furlough scheme) from 31 May 2020 to 30 June.
This is doubtless because of indications from a raft of large businesses that they intended to commence the 45 days' collective redundancy consultation today, so that they would not contravene the collective redundancy rules if they were planning to make more than 100 people redundant at the original end to the furlough scheme, which as we know was 31 May 2020.
This is good news for employees and employers alike, and provides a window for reassessment of operating costs and the impacts on revenue as we move through and out of lock-down, and businesses adapt to the inevitable re-opening of the economy over the next few months.
If you would like any advice on how to lawfully furlough employees, the legal requirements for selection and implementation and the HMRC claims process, or would like to discuss either individual or collective redundancy consultation and procedures, please do not hesitate to call Beth Baird, Employment Director, on 0207 1948157 or email on email@example.com.
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