UHY Ross Brooke Chartered Accountants
The Government are pulling the plug on support to employers for furloughed staff at the end of September as they anticipate that the economy will be back to normal by October. The grant claims for employees furloughed in the month of September are 60% of the employee’s usual pay up
A summary of measures by Maddy Weeks, a Manager in our Newbury office Today the chancellor announced continued support for businesses and self-employed individuals on the roadmap to normality. The furlough scheme has been extended until 30th September 21. The government will continue to support the cost of employee’s wages
Under the terms of the original Job Support Scheme, businesses could be required to pay almost 60% of wage costs for just 33% of an employees worked hours. It was questioned whether this really offered any form of realistic encouragement for employers to retain staff. It seems that the Chancellor
The Job Retention Scheme was due to expire at the end of October and the Chancellor has previously said that it would not be renewed. However in his Autumn Announcement the Chancellor announced a replacement if the form of the New Job Support Scheme, the purpose of which, he said,