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Modern government office interior. The scheme will run for at least six months a little less than the seven month original furlough scheme. Which retail businesses are eligible. The furlough scheme will be extended until the end of march next year and will apply to northern ireland.
The furlough scheme officially known as the coronavirus job retention scheme had been due to end today 31 october. So far the furlough scheme has cost the exchequer almost 40bn since its launch in march. We would like to show you a description here but the site wont allow us.
More than 3500000000 of tax payers. But the prime minister announced that it will keep running until december and the new job support scheme which had been scheduled to start on sunday 1 november has been postponed until the furlough scheme ends. We would like to show you a description here but the site wont allow us.
Job retention scheme had been due to close at end of october. That means it will end in may 2021. The job support scheme for open and closed businesses will now be postponed until the end of the furlough scheme.
The new system will replace the coronavirus job retention scheme commonly known as furlough which was launched in march to cover 80 of workers wages. I felt it best to extend the furlough scheme. The number of people on furlough has fallen from a peak in may of 9 million to about 3 million in september.
The scheme is applicable to all uk businesses and all paye employees including part time agency flexible and zero hours contracts who were on payroll as at 2359 on 30 october 2020.
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