An announcement from the Chancellor Rishi Sunak has confirmed that the furlough scheme will be extended by a further month.
This means that the scheme will not end until the end of April 2021 with government contributions remaining at 80% towards wages for the duration.
Making the announcement Mr Sunak said: “We know the premium businesses place on certainty, so it is right that we enable businesses to plan ahead regardless of the path the virus takes,”
The scheme will continue to pay 80% of employees’ salaries for hours not worked with employers required to pay wages for hours worked, along with National Insurance Contributions and pension contributions for both hours worked and those not worked. Eligibility criteria remains unchanged.
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