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Reaction to Chancellor's Statement from Head of Employment at law firm Memery Crystal

Stephen Ravenscroft, Head of Employment commented:

“As expected, the Chancellor has confirmed that the Coronavirus Job Retention Scheme (CJRS), which ends on 31 October 2020, will be replaced by the new Job Support Scheme (JSS). The main difference from the CJRS is that the JSS will only be applicable for employees who work (and are paid) for at least 33% of their normal working hours. There is therefore a recognition that the jobs of those employees who remain on full furlough leave at the end of the CJRS cannot be saved.

The JSS is similar in concept to short-time working schemes in France and Germany. For the remaining hours not worked by an employee, according to a tweet from HMRC (which is not altogether compatible with the Chancellor’s statement), the Government and the employer shall each pay 1/3rd of the employee’s remaining wages (and the employee forgoes the final 1/3rd). We assume that this top-up shall be subject to a cap on pay similar to the CJRS.

The JSS is not specific to particular sectors and is open to all SMEs, but larger businesses will only be eligible if their turnover has fallen through the COVID crisis.”


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