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Furlough Scheme extended until October

The Chancellor, Rishi Sunak has announced that the furlough scheme (Coronavirus Job Retention Scheme) will be extended.

The key points are:

  • The furlough scheme will be extended until October
  • No changes to the terms of the scheme up to the end of July
  • From August to October, businesses will be able to bring furloughed employees back part-time.  Further details should be provided by the end of May in this respect.
  • Workers will continue to receive the same level of support:  80% of salary up to £2,500 but eluded to the fact that this cost will be shared with employers.  Again, we await further details on this as well.

For more information on the furlough scheme and how this impacts your business, contact our employment law specialist, Lisa Aitken on  07960 469988 or email: LisaA@moore-tibbits.co.uk

 

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