Travel: Coronavirus Job Retention Scheme

(asked on 19th May 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to extend the Coronavirus Job Retention Scheme for the travel sector.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 3rd June 2020

The Government has been clear that as the economy reopens, the Government will support people back into work. On 12 May, the Government announced that the Coronavirus Job Retention Scheme (CJRS) would be extended for four months, until the end of October.

On 29 May, the Chancellor announced plans for introducing employer contributions into the CJRS, while ensuring that employees continue to receive 80% of regular wages while furloughed.

In June and July, the Government will pay 80% of wages up to a cap of £2,500 as well as employer National Insurance Contributions (ER NICs) and pension contributions for the hours the employee does not work. Employers will have to pay employees for the hours they work.

In August, the Government will pay 80% of wages up to a cap of £2,500 and employers will pay ER NICs and pension contributions for the hours the employee does not work.

In September, the Government will pay 70% of wages up to a cap of £2,187.50 for the hours the employee does not work. Employers will pay ER NICs and pension contributions and 10% of wages to make up the 80% total, up to a cap of £2,500.

In October, the Government will pay 60% of wages up to a cap of £1,875 for the hours the employee does not work. Employers will pay ER NICs and pension contributions and 20% of wages to make up the 80% total, up to a cap of £2,500.

The cap will be proportional to the hours not worked.

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