The government is set to phase out its furlough scheme at the end of this month.
The Coronavirus job retention programme was introduced in Spring 2020 during the first wave of the pandemic to help struggling businesses during the lockdown.
However, the government have been gradually lifting the support available since restrictions were fully eased on July 19 - The Daily Record reports.
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When the furlough scheme was initially introduced, the government paid 80% of people's wages who couldn't work - up to £2,500 a month.
From the beginning of July, employers were required to make a 10% contribution to furloughed worker's wages as the Treasury's pay participation dropped to 70%.
The government's contribution reduced again to 60% in August as employers had to pay 20%. of people's wages.
The pay ratio has stayed the same for this month - and here is a round-up of the full furlough rules before the support ends on September 30.
Furlough rules for September
UK Government contribution: 60%, up to £1,875
Employer contribution: 20%, up to £625, National Insurance and pension contributions
Minimum furloughed employee receives : 80% of regular salary, up to £2,500
To help employers across the country understand the changes to the Coronavirus Job Retention Scheme, HMRC have uploaded a pre-recorded webinar, which you can view online here.
The 48-minute video covers:
- the extension of the scheme
- how employers will be affected
- flexible furloughing
- key dates
- support available
HMRC is also running live webinar sessions on the furlough scheme for employers and employees on Thursday, September 2 at 11.45am and Tuesday, September 14 at 11.45am. Both sessions last one hour - you can register to join in here.
To check if you can claim employees wages through the Coronavirus Job Retention Scheme, visit the GOV.UK website here.
To check which employees can be put on furlough, visit the GOV.Uk dedicated website here.
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