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Png image up government logo png. So far the furlough scheme has cost the exchequer almost 40bn since its launch in march. What is the furlough scheme. The furlough scheme protected over nine million jobs across the uk and self employed people have received over 13 billion in support.
At the start of the furlough scheme the government was paying the bulk of wages of millions of workers across the uk. This is in addition to billions of pounds in tax deferrals. 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.
Employers retaining furloughed staff on shorter hours can claim both the job support. 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. 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.
Under the coronavirus jobs retention scheme. When will furlough payments start in the uk. Hours before the furlough scheme was due to end the government announced it would be extended until december to cover a further lockdown in england.
The furlough scheme was due to come to an end on october 31 with the new job support scheme set to run for six months from the start of november to the end of april next year. But from october 2 the government will pay 60 of wages up to a cap of. Officially the coronavirus job retention scheme it started on march 1 and is open to employers in the uk for at least the next three months.
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