REMINDER: Changes to the Job Retention Scheme

Just a quick reminder that as of yesterday (1 September) the amount available to claim from the government under the Job Retention Scheme (i.e. the ‘furlough’ scheme) reduces to 70%.

Furloughed employees are still entitled to receive 80% of their relevant wages, with the employer contributing the additional 10% (in addition to any employers’ NI and pension due) to achieve that.

From 1 October this drops further to 60% recoverable from the government, with the employer making up the additional 20% (in addition the employers’ NI and pension).

The scheme remains on course to cease on 31 October with flexible furlough remaining available until then.

If you have any questions regarding this or anything else please get in touch, and for regular updates, announcements and news please check our website (www.dsaprospect.co.uk) and make sure you’re following our LinkedIn page: https://www.linkedin.com/company/dsa-prospect-ltd