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Is furlough scheme a loan. The governments coronavirus jobs retention scheme will come to an end on october 31. Headlines warn of a second wave 5 million are on furlough and we are six weeks from the end of the governments support for jobs. The governments furlough scheme to support workers whose jobs have been impacted by coronavirus is coming to a close after seven months.
19 september 2020 106pm. Although chancellor rishi sunak has announced another stage of measures to support workers and firms the end of the furlough scheme is expected to have a notable effect. 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 is already wining down and it comes to a complete halt at the end of october. What happens if you are made redundant after furlough ends the job support scheme which you can find information on via its website will replace furlough from 1 november. What happens after furlough scheme ends october 31st.
Much like flexible furlough the scheme allows employees who were on paye on or before 23 september 2020 to opt in and out of the scheme without needing to work the same pattern each month. The new job support scheme jss will start immediately after furlough ends on november 1 and will continue until the end of april 2021. Unless it is extended for our sector businesses are inevitably going to have to make staff.
The scheme was set up to support jobs during the covid 19 pandemic with the government promising to cover.
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