The Coronavirus Job Retention Scheme – or Furlough – runs until 30th September 2021. Find out more in a series of articles and webinars to support employers.
Introduced last year to help protect jobs and support employers who might otherwise have had to make staff redundant – including apprentices – during the pandemic, the Scheme has broadly enabled businesses to claim a portion of employee wage costs each month with the Government initially covering 80%. However, this financial support has been steadily reducing since July whilst employers contributions have been increasing to 10% and now 20% of actual wages, NI and pension contributions.
As we approach the end of furlough and the Coronavirus Job Retention Scheme, we can signpost to information available to help support employers –
Further Reading –
- .Gov: Coronavirus Job Retention Scheme statistics
- Financial Wellness Group: When Does Furlough End – And What Happens Next?
- iNews: When does furlough end? Why the HMRC scheme won’t be extended past the end of September
- Business Live: What to expect at the end of furlough, redundancy rights and jobs
- Business Live: Check your furlough claims or you could face a fine