Coronavirus Job Retention Scheme Extended
The Chancellor has extended the furlough scheme to the end of June 2020 to reflect continuing social distancing measures.
The scheme, which allows firms to furlough employees with the government paying cash grants of 80% of their wages up to a maximum of £2,500, was originally open for three months and backdated from the 1 March to the end of May.
However, the Chancellor said he would keep the scheme under review and extend it if necessary https://www.gov.uk/government/news/chancellor-extends-furlough-scheme-to-end-of-june?
For full details of the scheme, please refer to https://www.h-m.co.uk/news/practice-news/support-for-businesses-through-the-coronavirus-job-retention-scheme/
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