If you have not already seen it, on 13 November, the Chancellor made a Treasury Direction under Section 71 and 76 of the Coronavirus Act to extend and modify the effect of the Coronavirus Job Retention Scheme. This is the legal document that sets out HMRC's responsibilities for managing the furlough payments. It has a a lot of detail (especially if you like algebra) but also contains tighter claim deadlines than had previously been the case. It is essential reading for employers and their payroll staff.
The schedule to this direction sets out the scheme applying for the period beginning on 1 November 2020, and ending on 31 January 2021. The scheme applying after 31 January 2021 will be set out in a further direction made by the Treasury in exercise of the powers conferred by sections 71 and 76 of the Coronavirus Act 2020.
It formally withdraws the Coronavirus Job Retention Scheme (Job Retention) Bonus because the purpose of the Job Retention Bonus has been superseded by the extension of the furlough scheme.
Key things to note about the differences in this and the earlier guidance include the fact that not only will HMRC be publishing the names of employers making claims for the CJRS (furlough) grant, but will also be giving an idea of the amount claimed by each employer.
There are also now monthly deadlines for claims. Claims for periods starting on/after 1 November must be submitted within 14 calendar days after the month they relate to, unless this falls on a weekend in which case the deadline is the next weekday.
This is as well as the change previously announced that you cannot claim for any employee who is serving a notice period (for whatever reason) for any period from 1st December 2020 onwards.
The full Direction can be found at https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/935146/201112_CJRS_DIRECTION_No_5___CJRS_extension_1_Nov_-_31_Jan__SIGNED.pdf