Posted: 02 June 2020
The Chancellor announced further details on the extension of the Coronavirus Job Retention Scheme on Friday, including improved flexibility to bring furloughed employees back part time in July and a new taper requiring employers to contribute modestly to furloughed salaries from August.
Read and download more information here: Extension to CJRS
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Posted: 12 May 2020
The government has announced a four month extension to the Furlough Scheme.
The scheme will continue for all sectors until the 31st October 2020 but will offer greater flexibility; Employers currently using the scheme will then be able to bring furloughed employees back part-time. The 80% of wages up to £2,500 remains unchanged. However the government will ask companies to “start sharing” the cost of furloughing from August 2020. Details of this are yet to be confirmed. We will update our website when more information is available.
To read more visit: www.bbc.co.uk/news/business-52634759
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Coronavirus (COVID-19) support is available to employers and the self-employed. You may be eligible for loans, tax relief and cash grants.
Use this business support finder to see what support is available for you and your business:
Posted: 17th April 2020
The furlough scheme has been extended to 30th June 2020.
For full details visit: www.gov.uk/government/news/chancellor-extends-furlough-scheme-to-end-of-june
The basis for detailed calculation on self employed support is also now available, click here.
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Posted: 15 April 2020
More detailed terms on the furloughing scheme have been published today, click here to view.
Some preliminary points to note:
- Entry date for those on the payroll extended to 19 March from 28 February (although scheme can still be backdated to 1 March) – https://www.gov.uk/government/news/furlough-scheme-cut-off-date-extended-to-19-march
- Clear definition of terms for employees on furlough:
- Written instructions given by employer to cease all work, agreed by both parties.
Posted: 06 April 2020
The government has updated its guidance over the weekend on the furlough scheme. The revised guidance note is at:
The guidance is now a little clearer on the position of directors who are being furloughed: (more…)Read More
Posted: 03 April 2020
Measures were announced yesterday, and some commentators initially thought the changes meant that all directors of small companies could be furloughed, with the rules being likely to be extended to those supplying the private sector as well – this is not the scheme. Instead it is an added measure to help business/individuals, along with the furlough of employees and the help for the self-employed, that were both previously announced. (more…)Read More
Download our overview of the Coronavirus self employment income support scheme here: Self Employment Income Support Scheme
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