As promised the government published the revised and updated guidance on the Job Retention Scheme, commonly known as the Furlough Scheme, late on Tuesday 10th November 2020.
After the announcement that England would go into a second period of lockdown it was announced that the furlough scheme would continue to enable support for employers during this new period of lockdown. So, what do you need to know?
This guide is intended to give you an overview of the key elements of the scheme based on information which is available as at the 25th October 2020.
Key questions answered about the bonus scheme announced earlier this month which is available to employers as a one off taxable payment for every employee furloughed who is still employed after January 31st 2021
Chancellor Rishi Sunak announced last week a continuation of the furlough scheme for those businesses who are forced to close and cannot offer 33% of normal hours as required under the Job Support Scheme
When it comes to working out redundancy pay it is not always straightforward and some employers struggle to get it right. What you need to include in your calculation will depend on the way in which the employee works and is paid for that work .
