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Coronavirus – Job Retention Scheme

Posted on September 4th, 2020

  • 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

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