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Furlough extension after june. Under the scheme announced by chancellor rishi sunak last month employers can claim a grant covering 80 of the wages for a furloughed employee subject to a cap of 2500 a month. This is in addition to billions of pounds in tax deferrals. Any company seeking to cut more than 100 jobs must run a 45 day consultation meaning 18 may was the last date employers could start this process before the furlough scheme ended in june.
She tweets from. Updated july 29 2020 1300 bst. What is the furlough scheme.
The furlough scheme was due to come to an end on october 31 with the new job support scheme set to run for six months from the start of november to the end of april next year. The scheme was announced on 20 march as providing grants to employers to pay 80 of a staff wage each month up to a total of 2500 per person per month. The governments coronavirus job retention scheme which has been backdated to march 1 2020 is open to all uk residents for at least three months.
The furlough scheme protected over nine million jobs across the uk and self employed people have received over 13 billion in support. 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. The coronavirus job retention scheme crjs is a furlough scheme announced by rishi sunak the chancellor of the exchequer on 20 march 2020.
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