In the wake of rising Covid-19 cases and the impact of new restrictions on more areas of the country the Chancellor, Rishi Sunak, has announced that he is extending the furlough scheme by one month to the end of April 2021. This is intended to help thousands of employees and businesses around the country in sectors severely affected by the restrictions.
Commenting on the move he said it would bring “certainty for millions of jobs and businesses.” The criteria remains unchanged with the Government continuing to pay 80% of the salary of employees for the time they are on furlough with a cap of £2,500 per month.
Employers are required to pay wages, National Insurance and any pension contributions for time worked. They will also be required to pay National Insurance and pension contributions for hours not worked.
If you would like any additional information on the impact of this announcement on your employment or business please contact Jo Davis, Chris Brazier or a member of our employment team on 01753 889995 or firstname.lastname@example.org.