Furlough Update

Furlough Update

The Chancellor confirmed in his budget earlier today that the furlough scheme will now run until September 2021.
The furlough scheme is also called 'The Coronavirus Job Retention Scheme'.
Employees on furlough will continue to get 80% of their salary for hours not worked, up to £2,500 per month.
From July 2021, employers will be asked to contribute more. The state will only then pay 70%, with employers expected to pay the remaining 10% of employee's reduced income, and in August and September the state will pay 60% and employers will have to pay 20%.
You can continue work part-time while on furlough or be furloughed full-time, as now. Your employer can either put you on furlough full-time, or you'll be able to work part-time and be furloughed for the hours you don't work. Your employer will have to cover your wages at the normal rate for any hours you do work.
If you want to find out more, please don't hesitate to get in touch.

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