Embargo just lifted on a big bit of Budget news....
Furlough to be extended until end of SEPTEMBER. Millions likely to benefit, at a cost of billions. telegraph.co.uk/politics/2021/…
Furlough to be extended until end of SEPTEMBER. Millions likely to benefit, at a cost of billions. telegraph.co.uk/politics/2021/…
:: Full furlough until end of June
- Government covers 80% of wages, up to £2.5k a month max
:: Then a tapered scheme
- July: Gov covers 70%, company covers the extra 10%
- Aug/Sep: Gov covers 60%, company covers extra 20%
- Government covers 80% of wages, up to £2.5k a month max
:: Then a tapered scheme
- July: Gov covers 70%, company covers the extra 10%
- Aug/Sep: Gov covers 60%, company covers extra 20%
Under the Government’s roadmap lockdown restrictions are due to be fully lifted by June 21 (earliest)
Meaning furlough could carry on months after businesses are allowed to reopen fully.
Meaning furlough could carry on months after businesses are allowed to reopen fully.
There’s also confirmation of our @Telegraph story last month...
Self-employed grants will be offered at up to £2.5k a month (80% of profits) for Feb, Mar, Apr.
Extra help coming after that but likely to be scaled back. Details announced tomorrow.
Self-employed grants will be offered at up to £2.5k a month (80% of profits) for Feb, Mar, Apr.
Extra help coming after that but likely to be scaled back. Details announced tomorrow.
And a key loophole will be closed in the self-employment grants system.
People who became self-employed in the 2019/20 tax year weren’t eligible. They now are. That = 600k-ish extra people.
People who became self-employed in the 2019/20 tax year weren’t eligible. They now are. That = 600k-ish extra people.
Our p1 tomorrow. 
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