Furlough scheme ends after 18 months

Covid-19 Support

The coronavirus job retention scheme (CJRS) also known as the furlough scheme closed yesterday (30 September 2021) after 18 months of the Government support paying a proportion of the wages of millions of workers.

 

Chancellor Rishi Sunak said he was “immensely proud” of the near £70billion furlough scheme that has supported a total of 11.6 million jobs since its announcement on 20 March 2020, according to data from HMRC.

 

The CJRS allowed businesses to keep workers on the books even when they were forced to close during various lockdowns. The scheme initially meant that the Government paid 80% of employee’s wages, which employers could top up to keep staff employed.  The scheme began winding down on 1 July 2021, seeing the Government pay 70% of wages and employers 10%. On 1 August, the Government’s contributions decreased to 60% and employers rose to 20%.