The chancellor has announced that the Furlough scheme has been extended until the end of October 2020.
The Chancellor has confirmed that the scheme “will continue for all sectors and regions of the UK but with greater flexibility to allow the transition back to work”. From August 2020 onwards employers will be able to bring furloughed employees back to work part-time.
Workers will be still receive 80% of their salary up to a maximum of £2500. However, Employers will be asked to start sharing the costs of paying salaries alongside the government.
Further details of the extended Furlough scheme are set to be announced at the end of May 2020.
Safety in the Workplace
The government has announced guidelines for working safely in the workplace detailing guidance for 8 different types of work.
The guidance details that all employers are required to carry out a COVID-19 risk assessment. Businesses with over 50 workers are expected to publish their risk assessment on their website. The guidance can be found here
The self-employed income support scheme opens tomorrow. Under the scheme, it is possible to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single installment covering 3 months, and capped at £7,500 altogether.
Details of the scheme can be found here
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