Furlough Scheme Extended
The Chancellor has confirmed that the Coronavirus Job Retention Scheme (CJRS) will be extended for another month until 30 April 2021.
The statement confirmed that the eligibility criteria for the scheme, the grant levels available and employer contributions all remain the same.
This means that for hours not worked employers can continue to claim for 80% of employee salaries for hours not worked, subject to the £2,500 cap, and will only need to pay employer national insurance and pension contributions. Employers will be required to pay wages, national insurance contributions and pension contributions for hours worked in the usual way.
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