Businesses across the UK are being provided with additional financial support as part of the UK Government’s plan for the next phase of its response to the coronavirus outbreak.
The Coronavirus Job Retention Scheme (CJRS) - also known as the Furlough scheme - will remain open until December:
- The level of the grant will mirror levels available under the CJRS in August, so the government will pay 80% of wages up to a cap of £2,500 and employers will pay employer National Insurance Contributions (NICs) and pension contributions only for the hours the employee does not work.
- As under the current CJRS, flexible furloughing will be allowed in addition to full-time furloughing.
- Further details, including how to claim this extended support through an updated claims service, will be provided shortly.
For further information please visit the GOV.UK website.
Posted on: Monday 2nd November 2020