Furlough Scheme Extended At 80% Until End Of March 2021 + Help For Self Employed
In the News
Just seen this breaking news. Hopefully will help a lot of people who have been worrying about the drop in wages from 80% to 66% if you are furloughed and it will be 80% off a person's wage up to £2,500 per month the same as the existing scheme. You will no longer have to work a minimum of a third of the time to get the money either
Plus, the self-employment income support scheme which is the third grant covering the months November to January will now be calculated at 80% of average trading profits, up to a maximum of £7,500.
Rishi Sunak has just announced it to the House Of Commons.
We were getting a bit worried as personally my other half works in aerospace and they are finishing for Christmas on 4th December and being put on furlough so a little bit more money now anyway, plus, they have made 25% ff the employees redundant at his workplace and changed the shifts from 4 on 4 off to 3 shift pattern so we are loosing a lot that way too but hopefully this is a bit of comfort to those that need it.
Sky News Article >> HERE
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