In recent weeks I’ve spoken to many business owners who are keen to make sure they get the appropriate support during these unprecedented times. One of the most common questions I am asked is around will the Coronavirus / Covid-19 Job Retention Scheme continue, or will there be anything to replace it?
October 2020 is the last month under the furlough government Contributions – Job Retention Scheme. Wage caps are proportional to the hours not worked.
Furlough Government Contribution Wages (CJRS):
60% up to a cap of £1,875 in October 2020