- From 1 September the government will pay 70% and employers will pay 10% of employees’ wages for the time they are being furloughed. Employers will also continue to pay their National Insurance and pension contributions.
- From 1 October the government will pay 60% and employers will pay 20% of employees’ wages for the time they are being furloughed. Employers will also continue to pay their National Insurance and pension contributions.
- You will continue to pay employees wages at the contracted rate for the hours they work for you.
- The scheme ends on 31 October 2020.
Find out more here; https://www.gov.uk/government/publications/coronavirus-job-retention-scheme-step-by-step-guide-for-employers