Has The Furlough Scheme Been Extended For Self Employed, Furlough Scheme Extended And Self Employed Income Support Scheme Goes Live Diverso Eastleigh Hampshire We Re Accountants But Different
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The government made several far reaching changes to its income support measures today as a national lockdown in england got underway.
New furlough scheme name. The third seiss grant will cover up to 40 of average monthly profits from november 2020 to january 2021. Self employed workers have been supported under the governments furlough scheme which paid 80 of wages up to 2500 a month. The furlough scheme will be extended until the end of march chancellor rishi sunak has announced while the next three month self employed income support grant will now be worth up to 7500.
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. Get the full details of the extended furlough scheme including eligibility. The furlough scheme protected over nine million jobs across the uk and self employed people have received over 13 billion in support.
The furlough and self employed schemes have been a true lifeline for all those protected by them continuation certainty and increased flexibility will boost economic recovery and help us get. The original furlough scheme was due to end in october but it was extended to cover the second lockdown period in england through to 2 december. It is due to end in june and mr sunak has not indicated it will.
Everything we know as government agrees to pay 80 of wages until december the furlough scheme has now returned to the original form it had when it was introduced in. Under the coronavirus job retention scheme employees will receive 80 of their current salary up to 2500 a month for hours. Self employed workers will get two more seiss grants as part of the winter economy plan.
This is in addition to billions of pounds in tax deferrals.
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