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How does the new scheme work.
Lenovo b490 government laptop ram. Under the coronavirus jobs retention scheme. 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. These employers had made 393bn of furlough claims by 20 september and the scheme will cost the government an estimated 60bn in total less than the 80bn initially forecast.
Matthew horwoodgetty images since july furloughed employees have been able to go back to work part time. The government is to restore furlough payments worth 80 per cent of wages for people unable to work during the new england wide coronavirus restrictions boris johnson has announced. 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.
Chancellor extends furlough scheme until. 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. The governments coronavirus job retention scheme will remain open until the end of october the chancellor announced today tuesday 12 may 2020.
The government will support eligible businesses by paying two thirds of each employees salary 67 up to a maximum of 2100 a month. The government will lower its contribution again from october 1 before the scheme finishes completely at the end o. Furlough rules are changing again next week as the scheme enters its final month.
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