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Extension to Furlough Scheme and Latest Changes

Posted: November 5, 2020
Posted: 05 November 2020

The Furlough Scheme has now been extended to March at 80%, the job retention bonus has been scrapped, and the self-employed scheme has also been extended at 80%.

There is a detailed policy paper setting out the changes at:

https://www.gov.uk/government/publications/extension-to-the-coronavirus-job-retention-scheme/extension-of-the-coronavirus-job-retention-scheme

 

The terms of the furlough extension are summarised in the note on government support and also the Treasury press release, which can be found here:

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/932977/ECONOMIC_SUPPORT_FACTSHEET_5_November.pdf

 

https://www.gov.uk/government/news/government-extends-furlough-to-march-and-increases-self-employed-support

Please email us at info@burgesshodgson.co.uk if you have any questions.