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Furlough scheme and self-employment grant extended until Sep
Video Credit: ODN
Published on March 3, 2021 - Duration: 01:53s
Furlough scheme and self-employment grant extended until Sep
Chancellor Rishi Sunak has confirmed the furlough scheme will be extended to the end of September, as will support for the self-employed.
Employees will continue to receive 80% of their wages until the scheme ends, but firms will be asked to contribute 10% in July and 20% in August and September as the scheme is gradually phased out The fourth grant of the Self-Employment Income Support Scheme (SEISS) will cover February to April, worth 80% of average trading profits up to £7,500.
Report by Alibhaiz.
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