Blog

How long will the Furlough Scheme continue

How long will the Furlough Scheme continue?

How long will the Furlough scheme continue?

Rishi Sunak says the Furlough Scheme cannot continue indefinitely.

Employers will be asked to contribute, alongside the taxpayer, to pay the wages of their staff.

(Employment Law for Businesses) (Employment Law for Individuals)

June and July

During June and July, the scheme will continue as before, with the government pay 80% of wages up to £2,500  with no employer contribution.

August

During August, the taxpayer contribution will remain at 80%. Employers will only be asked to pay national insurance and employer pension contributions during August.

September

By September, employers will be asked to start paying towards staff wages. Taxpayers will pay 70% of the furlough grant and employers 10%.

October

In October, taxpayers will pay 60%, employers 20%.

 

Then the scheme will close.

Call Me Back
close slider