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Changes to Furlough Scheme

CHANGES TO FURLOUGH SCHEME

1st July 2020

Flexible Furlough can begin where employers can bring their employees back on a part time basis whereby the days worked will be paid at full by the employer and remaining days not worked will be classed as Furlough at 80% claimable from the government.

From 1st August 2020

If your employees are still on Furlough you will need to start paying the employers national insurance & pension contributions but still able to claim back the 80% furlough from the government.

From 1st September 2020

Employers will continue to pay the employers national insurance & pension contributions. The government will now cover 70% of furlough wages. The employer will need to top up the remaining 10% or higher (depending on what was agreed with the employee)

From 1st October 2020

Employers will continue to pay the employers national insurance & pension contributions. The government will now cover 60% of furlough wages. The employer will need to top up the remaining 20% or higher (depending on what was agreed with the employee).

As of 31st October 2020 the furlough scheme will close.

If you would like any more details on the Furlough scheme please do not hesitate in contacting our office on 01454 614624. Alternatively, please follow the guidance linked for more information -: https://www.gov.uk/government/publications/changes-to-the-coronavirus-job-retention-scheme/changes-to-the-coronavirus-job-retention-scheme

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