17th December, 2020
Furlough scheme extended again until April 2021
The chancellor has just announced that the Coronavirus Job Retention Scheme (CJRS) will be further extended to the end of April 2021.
This being the third such extension in recent months by the Government.
In addition, the planned ‘review’ set for January 2021 where it was expected that there would be a rise in employer contributions has now been cancelled. This means that the government will continue to pay 80% of workers wages for hours not worked until the end of April 2021. Employers for this period will still only be required to pay NI and PAYE contributions for their employee’s hours not worked. The criteria for an employee to be placed on furlough remains unchanged at this time.
Further details will follow as they become available.
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