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Quickbooks self employed app. The coronavirus job retention scheme cjrs better known as the furlough scheme will be extended for another month following the announcement of a new national lockdown. Furlough is available to all employees that started a paye payroll scheme on or before march 19 2020 although it closed to new entrants in june. But the prime minister announced that it will keep running until december and the new job support scheme which had been scheduled to start on sunday 1 november has been postponed until the furlough scheme ends.
Furlough scheme in england extended until december at 80 but critics say move is overdue. Between march and july the government paid for 80 of furloughed workers wages up to 2500 a month and it also covered employers national insurance ni and. Published 14 may 2020 last updated 3.
The furlough scheme officially known as the coronavirus job retention scheme had been due to end today 31 october. It was welcome to see the chancellor finally extend the furlough scheme. The scheme can be backdated to march 1 2020.
However like the refusal to opt for an earlier circuit breaker the delay in lengthening the scheme will have a high cost. Under the coronavirus jobs retention scheme to give furlough its official title employees placed on leave receive 80 of their pay up to a maximum of 2500 a month. All you need to know about the coronavirus job retention scheme this article is more than 4 months old the scheme has been estimated to cost the treasury 12bn per month for 75m.
The furlough scheme which will have been open for eight months by october has been a lifeline for millions of people and as our economy reopens we want that support to continue.
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