New Furlough Scheme October, Q A Getting To Grips With The New Flexible Furlough Scheme George Hay
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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.
Self employed grant claim october 2020. The furlough scheme is being replaced with a new job support scheme which will allow businesses to retain their employees on shorter hours for the following six months. Scheme extended as england enters second lockdown. The chancellors new measures were mainly aimed at avoiding a wave of redundancies and bankruptcies at the end of october when the current furlough scheme ends.
New statistics published today revealed the job retention scheme has protected 75 million workers and almost 1 million businesses. But from october 2 the government will pay 60 of wages up to a cap of. The number of people on furlough has fallen from a peak in may of 9 million to about 3 million in september.
New furlough scheme october 2020. Job retention scheme had been due to close at end of october. Under the coronavirus jobs retention scheme.
New government covid scheme to pay up to half of wages. From 31 october. 80 per cent of wages will be paid during lockdown boris johnson has announced.
At the start of the furlough scheme the government was paying the bulk of wages of millions of workers across the uk. The job retention scheme was set to be replaced with the job support scheme but it has now been extended. Chancellor extends furlough scheme until october.
So far the furlough scheme has cost the exchequer almost 40bn since its launch in march.
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