UK Coronavirus Job Retention Scheme launched
Coronavirus Job Retention Scheme
Businesses can furlough employees and apply for a grant that covers 80% of their usual monthly wage costs, up to £2,500 a month, plus the associated Employer National Insurance contributions and pension contributions (up to the level of the minimum automatic enrolment employer pension contribution) on that subsidised furlough pay.
The UK governemnt offers this scheme on a temporary scheme in place for 4 months starting from 1 March 2020.
It may be extended if necessary and employers can use this scheme anytime during this period.
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UK Grants between £1,000 – £5,000 for new equipment and technology and specialist advice
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Who can apply to be furloughed?
Who can be furloughed? Organisations need to have created and...
Read MoreUK Coronavirus Job Retention Scheme launched
Coronavirus Job Retention Scheme Businesses can furlough employees and apply...
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