Furlough Scheme (CJRS) Extended until December!

 Here are some critical points about the extended CJRS (Coronavirus Job Retention Scheme):

• The Furlough Scheme been extended for a further month “Until December”

  • Employees will get 80% of their salary up to £2,500/month.  
  
  
  • Employers will need to cover pension and NI contributions only
   
  
  • Employers can still use the scheme if they have never claimed furlough allowance, as long as their employees were on PAYE on 30^th October 2020.
   
  
  • Employees can work part-time with employers paying this element of wages in full. The government will pay 80% for any hours furloughed outside of this. 
   
  
  • Even employees on flexible or zero-hours contracts can receive furlough pay.
    
  • • In addition, business premises forced to close in England are to receive grants worth up to £3,000 per month under the Local Restrictions Support Grant.
      
    • To give homeowners peace of mind too, mortgage holidays will also no longer end on 31st October.
     
•  For further information please visit the following websites:
  

  • https://www.moneysavingexpert.com/news/2020/10/furlough-scheme-extended-until-end-of-november/

    https://www.gov.uk/government/news/furlough-scheme-extended-and-further-economic-support-announced