Business and Tax News - Job Retention Scheme

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April 26th 2024
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JOB RETENTION SCHEME - NEWS

Employee Furlough Job Retention Scheme Updated Details

PERSONAL TAX

Employee Furlough Job Retention Scheme Updated Details

Chancellor announces changes to furlough scheme for PAYE employees, with a reduction in government support from August and a new flexible furlough scheme from July.
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Furlough Scheme for PAYE Employees Extended Until End of October

PERSONAL TAX

Furlough Scheme for PAYE Employees Extended Until End of October

Furloughed staff will continue to receive 80 percent of salary up to a £2,500 max - but changes to support amounts will come in from August.
Furlough Scheme Could Be Tapered Or Wound Down As Lock-down Lifts

PERSONAL TAX

Furlough Scheme Could Be Tapered Or Wound Down As Lock-down Lifts

Chancellor considering ideas to reduce furlough payments gradually as the economy re-opens with the incoming easing of lock-down restrictions.
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