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Furlough Scheme Extended Until October Changes Due In July Conference News New Government Accounting System
New government accounting system. The chancellor has extended the governments coronavirus wage subsidy scheme for workers until the end of october despite its spiralling cost as he attempts to prevent a wave of job losses in. The scheme to pay wages of workers on leave because of coronavirus has been extended to the end of october. This means the extended furlough scheme is more generous for employers than it was in october.
The coronavirus job retention scheme has been extended by a further four months until 31 october 2020. Rishi sunak said the furlough scheme would be extended by a further four months with workers continuing to receive 80 of their current salary. 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.
However new flexibility will be introduced from the beginning of august 2020 with the aim of getting employees back to work and boosting the economy. Uk furlough scheme extended by four months. Chancellor extends furlough scheme until october.
Employees must be on an employers paye payroll by 2359. 1 the job retention scheme will be extended for four months until the end of october. Furlough scheme extended to october with wage support shared by government and employers.
The scheme was previously only set to run until 30 june. The cjrs is being extended until. Rishi sunak made the announcement in the house of commons this.
The furlough scheme will continue in its current form without any changes until 31 july 2020. The furlough scheme officially known as the coronavirus job retention scheme had been due to end today 31 october.
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