The Chancellor has today further extended the Coronavirus Job Retention Scheme (the furlough scheme) to 30 April 2021, stating that businesses need certainty.
The eligibility criteria for the scheme remain the same and the government will continue to pay 80% of wages up to the cap of £2,500 per month. Employers will remain liable for National Insurance contributions and pension payments for hours not worked.
Our latest Q&A in relation to the Coronavirus Job Retention Scheme contains further information and is available to read here – https://esphr.co.uk/pages/q-a-for-employers-coronavirus-job-retention-scheme-from-1-november-2020-onwards
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Author: Charlotte Ashton
Senior Solicitor, ESP Law Ltd
Charlotte has over 10 years’ experience in all aspects of employment law. She trained in-house with a large UK company, covering 45,000 employees, and moved to private practice on qualification. Charlotte enjoys helping growing companies understand their legal obligations and has given training and presentations to start up entrepreneurs, and business students, at a local University. Charlotte also specialises in business immigration law for the UK and has helped employers obtain sponsor licences in order to recruit from outside the UK.