Latest CJRS statistics – January 2021
26 February 2021
The latest set of statistics relating to claims made under the Coronavirus Job Retention Scheme (CJRS) have been published.
The update includes data relating to claims for the periods up until 31 January 2021 and incorporates data for claims that were submitted to HMRC by the deadline date for that period of 15 February 2021. Employers were able to file claims later than that date if they reached an agreement with HMRC, where they had a reasonable excuse, and claims for January 2021 can be altered up until 1 March 2021, but it is expected that this would have minimum impact on the figures that have been provided.
Cumulatively, from March 2020 (when the CJRS began) to January 2021, 11.2 million employments have been furloughed across 1.3 million employer PAYE schemes, resulting in a total claims value of £53.8 billion.
The most recently added data highlights the fact that the activity of furloughing staff across all sectors increased in the period up to 31 January 2021, which will be due to the introduction of tighter restrictions on businesses from 6 January 2021.
In November 2020, 3.9 million employments were furloughed, which increased to 4 million as of 31 December 2020, and the latest data indicates that there was a subsequent increase in January to 4.7 million employments being furloughed by 31 January 2021.
The figures demonstrate the fact that the CJRS is still being used by many businesses to support both themselves, and their staff. Several sources are claiming, ahead of the Budget on 3 March 2021, that Chancellor, Rishi Sunak will extend the CJRS, and the statistics could serve to demonstrate why this step needs to be taken.
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.