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The Coronavirus Job Retention Scheme will close on 31 October 2020.
Just a reminder about the changes to the CJRS for September.
For September, the government will pay 70% of wages up to a cap of £2,187.50 per month for the hours the employee is on furlough. Employers will pay ER NICs and pension contributions and top up employees’ wages to ensure they receive 80% of their wages up to a cap of £2,500, for time they are furloughed.
HMRC is offering further guidance and live webinars on changes to the scheme and how they impact businesses are available to book online.
Please go to the gov.uk website for further details
We have a Business Advisory Team who will be happy to assist you with all your business enquiries. If it is advice on business growth and enterprise development you require, financial support, or you’re thinking of relocating your business to South Wales, we are here to help you achieve your ambitions.
Call: 01633 647800 Email: firstname.lastname@example.org
Torfaen Economy & Enterprise, Ty Blaen Torfaen, Panteg Way, New Inn, Pontypool, NP4 0LS