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Government accounting manual for goccs. The treasury hasnt given a precise end date though the chancellor rishi sunak tweeted that it would run another month. The furlough scheme will now run until december. Furlough scheme cut off date extended to 19 march thousands more employees will able to receive support through the coronavirus job retention scheme cjrs after the eligibility date was extended.
Details about how the furlough extension will work are expected to be released in the coming days. The furlough scheme protected over nine million jobs across the uk and self employed people have received over 13 billion in support. 80 per cent of wages will be paid during lockdown boris johnson has announced.
The government has extended the furlough scheme meaning workers can get 80 of their salary paid through lockdown. Furlough was due to end on october 31 and be replaced with a new job support scheme instead furlough in more or less its original form has been extended until the lockdown ends on december 2. Any company seeking to cut more than 100 jobs must run a 45 day consultation meaning 18 may was the last date employers could start this process before the furlough scheme ended in june.
When the chancellor rishi sunak first announced government support for jobs on march 20 he said. The continuation of the furlough scheme on its current terms to the end of july will cost the taxpayer around 10 billion the institute for fiscal studies ifs said. Many employers will have already written to employees to tell them that the furlough scheme was ending and their period of furlough or flexible furlough would be coming to an end.
Employees on furlough will continue to get 80 of their salary up to 2500mth.
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