New Quick Poll: The impact of the extension to the CJRS

10 November 2020

Chancellor of the Exchequer, Rishi Sunak, confirmed that there would be an extension to the Coronavirus Job Retention Scheme (CJRS), and that it would now be open until the end of March 2021, instead of closing, as originally intended, on 31 October 2020.

Whilst this announcement was met favourably by both employers and employees facing the prospect of an inevitably tough Winter, the pace at which changes to Government measures have been made has proven to be somewhat challenging, to say the least, for payroll professionals. The CIPP’s Policy and research team want to assess the impact of the extension to the CJRS, and so has posted a new Quick Poll on the News Online page, which asks the question:

“How have the changes to Government measures to help businesses deal with coronavirus affected you?”

We understand that payroll professionals are extremely busy individuals, and are under immense pressure, particularly at the given time, but the Quick Poll will take less than a minute to respond to, and provides the opportunity for you to have your say.

There may be businesses who were reliant on the pay out of the Job Retention Bonus (JRB) in February 2021, which has now been postponed as a result of the CJRS extension, or those that have no intention of accessing the extended CJRS, meaning that the rapid changes have had minimal to no impact on them.

Thank you in advance to all of those who take the time to respond to the CIPP’s latest Quick Poll.

 


The information in this article is accurate at the time of publication. For all the latest information, news and resources on how the COVID-19 pandemic is affecting payroll professions, visit our Coronavirus hub.