On 5th November Chancellor Rishi Sunak announced that the extended furlough scheme, which was due to run from 1 November to December 2020, will now be extended further until 31 March 2021.
The government will meet the cost of 80% of wages up to a cap of £2,500 per month and employers will pay the employer pension costs and National Insurance Contributions (NICs).
If you have any questions or concerns regarding the extension of the Coronavirus Job Retention scheme, or any other employment tax issues, please do not hesitate to get in touch.
