Posted on 4th March, 2021

Furlough Scheme extended until September 2021

Chancellor Rishi Sunak has outlined a number of economic plans, including another four-month extension of the furlough scheme to the end of September, in his budget statement yesterday afternoon.

The job retention scheme, which had been billed to finish at the end of April, will be extended to the end of September, with employers’ contributions set to increase gradually in the same manner as when the chancellor initially attempted to phase it out in October last year.

For now the government will still cover 80 per cent of workers’ salaries for the hours they are not working, up to a maximum of £2,500 a month, with employers only asked to pay pension and national insurance contributions. Employers are still expected to pay workers normally for the hours worked.

Source: https://www.peoplemanagement.co.uk/news/articles/budget-2021-chancellor-extends-furlough-to-september-and-offers-management-training-for-smes#gref

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