The UK's furlough rules go through a major change from today, Thursday, October 1, the last major change before the system is scrapped at the end of the month.
After October 31 the Job Retention Scheme will be ended and replaced with a Job Support Scheme. Instead of paying up to 80 per cent of salaries for people unable to work that will pay up to two thirds of salaries for people working at least a third of their hours.
But the furlough scheme remains in place through October - with a big change.
Instead of the Government paying 80 per cent of your pay, they will now pay just 60 per cent, up to £1,875.
Your employer will have to pay a minimum of 20% of your wages, up to a cap of £2,500.
The change comes after the original 80 per cent system was wound down to a 70 per cent contribution from the Treasury last month.
The Government also ordered employers to start paying National Insurance and pensions contributions for all staff.
Your monthly earnings will be at least 80% of your salary with money from the Government and your boss.
It is then up to each individual employer whether they want to top up the remaining 20% to give you 100% of your salary.
The furlough scheme will end on October 31, 2020.
From November 1 a new job support scheme for part-time workers will be launched.
The government will then top up the wages of workers in “viable jobs” for six months, when they are working at least a third of their normal hours.
