How long will the Furlough Scheme continue?
How long will the Furlough scheme continue?
Rishi Sunak says the Furlough Scheme cannot continue indefinitely.
Employers will be asked to contribute, alongside the taxpayer, to pay the wages of their staff.
(Employment Law for Businesses) (Employment Law for Individuals)
June and July
During June and July, the scheme will continue as before, with the government pay 80% of wages up to £2,500 with no employer contribution.
August
During August, the taxpayer contribution will remain at 80%. Employers will only be asked to pay national insurance and employer pension contributions during August.
September
By September, employers will be asked to start paying towards staff wages. Taxpayers will pay 70% of the furlough grant and employers 10%.
October
In October, taxpayers will pay 60%, employers 20%.
Then the scheme will close.