In the Budget it was announced by the chancellor that the furlough scheme will be extended until the end of September.
Rishi Sunak said the scheme – which pays 80% of employees’ wages for the hours they cannot work in the pandemic – would help millions through “the challenging months ahead”.
Some 600,000 more self-employed people will also be eligible for government help as access to grants is widened.
The Coronavirus Job Retention Scheme has protected more than 11 million jobs since its inception last March and had been due to close at the end of April.
Employers will be expected to pay 10% towards the hours their staff do not work in July, increasing to 20% in August and September, as the economy reopens.
If you have any questions on any of the above, please get in touch with the office: sally.phillips@wardwilliams.co.uk or call 01932 830664.