Update from the Chancellor Rishi Sunak – 05/11/2020

“To give people across the UK certainty over the winter, I can announce today that the furlough scheme will not be extended for 1 month – it will be extended until the end of March.

Employees will receive 80% of their usual salary for hours not worked, up to £2,500 a month.

We’re also increasing the support for millions more workers through the Self-Employment Income Support Scheme.
The third grant covering November to January will now be calculated at 80% of average trading profits, up to a maximum of £7,500.”

Good news for a lot of people in these uncertain times. As always, if you’re unsure about anything please don’t hesitate to contact us 01924 973020