Furlough Scheme Extended and Further Economic Support announced 31/10/2020
The Coronavirus Job Retention Scheme has been extended for a month with employees receiving 80% of their current salary for hours not worked.
The Coronavirus Job Retention Scheme has been extended for a month with employees receiving 80% of their current salary for hours not worked.
The government and firms will continue to top up the wages of workers who have not been able to return to the workplace full time due to the virus
This purely temporary and limited help is in 5 forms
The introduction of the Job Retention Bonus with eligibility requirements
Incentives to take on new employees/apprentices
A very limited and temporary Eat Out to Help Out scheme
A temporary vat reduction for some of the hospitality trade
A temporary increase in the stamp duty threshold
HM Government have today updated the qualification date for claiming assistance with employees' wages through the Coronavirus Job Retention Scheme