Furlough warning issued to 3,000 people who have used scheme as HMRC updates penalty charges
Reading now: 999
dailyrecord.co.ukCoronavirus Job Retention Scheme (CJRS). The scheme has paid 80 per cent of employee wages, up to £2,500 per month since it launched in April, shortly after lockdown was implemented on March 23.
But, the furlough scheme is set to wind down in October, with important changes taking place before it comes to an end. This month, employers have been required to meet the cost of pension contributions and National Insurance for employees placed on the scheme.In September, UK Government financial support will begin to decrease, with 70 per cent of wages being paid by the state, up to £2,187.50 per month.And in October, the final month of the scheme, UK Government contributions will reduce to 60 per cent, up to £1,875 per month.
Read more on dailyrecord.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
