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Is The Furlough Scheme Closed, What Does The End Of The Furlough Scheme Mean For Jobs And Workers Shropshire Star

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At the moment the furlough scheme is expected to come to an end in december.

Self employed retirement plans irs. The furlough scheme has been extended for a month as england enters a second national lockdown. By the end of the week chancellor rishi sunak is set to announce the scheme will soon be closed to new entrants. Employers across the uk can claim whether their businesses are open or closed.

Jss closed is now the name of the expanded scheme announced by the treasury on 9 october. Under the coronavirus jobs retention scheme. Extended furlough scheme grant furloughed employees can get 80 of their usual pay for hours not worked in november up to a maximum of 2500.

In essence its a less generous form of the furlough of the cjrs with the government providing grants to cover 67 of wages 80 under cjrs while employees take a 33 hit instead of 20 in cjrs. Employers do not need to have used the furlough scheme before. Around 2million workers still on furlough face a knife edge scenario as the scheme comes to an end tomorrow october 31.

The jss open and closed schemes will only start once the furlough scheme ends. The furlough scheme which was to end on october 31 is to be extended for another six months for any company that has to close because of lockdown rules. This is like the furlough scheme back in august so employers will only need to fund the employer nics and pension costs.

The government is expected to announce. Empics downing street companies could soon be banned from putting any more employees on furlough with rishi sunak. 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 will be extended to support businesses that have to close for a month under the. Rishi sunak will discuss phase two of the furlough scheme this week picture.

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