From 1 August 2021 until the scheme ends, the Government’s grant reduced a final time to 60% of furloughed employees’ wages for their unworked hours at a cap of £1,875. Your client has needed to contribute 20% to staff wages up to £625 and this will remain the same until…
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VACCINE OPTIMISM – WILL THE LOCKDOWN END? The UK Government approving the Pfizer vaccine is all we are hearing in the news these days and who will be first to be offered and how the vaccine will be rolled out and, rightly so, people are more optimistic about the ending…
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Covid 19: Furlough Scheme Extended The Coronavirus Job Retention Scheme has been extended for a month with employees receiving 80% of their current salary for hours not worked and further economic support announced. Furlough scheme will remain open until December, with employees receiving 80% of their current salary for hours…
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When the CJRS was first announced on 20 March it was made clear that in many cases the funds received would be taxable in the hands of the recipient. These packages alone now have made quite a dent in the treasury; it is perhaps no surprise that the Government is…
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