Furlough scheme extended until 30 september 2021

March 3, 2021|In KRW Tax news|By Keith Witchell
In better news, the Coronavirus Job Retention Scheme has been extended to 30 September 2021, although businesses will need to contribute 10% of the 80% wages paid to furloughed workers in July, and 20% of their 80% wages in August and September 2021. In addition, businesses will need to continue to fund the Employers NIC and pension costs for furloughed employees.

For further advice on this matter, please contact me.

Keith Witchell