Furlough scheme: How will the Coronavirus Job Retention Scheme change from August?
What do these changes mean in practice?
The updates to the Coronavirus Job Retention Scheme will bring a number of changes to the way businesses may have been operating over the last few months.
Paul Holcroft, Associate Director at employment law and HR consultancy firm Croner, said: “Even though the scheme does not end until October 30, 2020, firms must begin to contribute to furloughed workers’ wages.
“The first phase of contributions, introduced from August 1, 2020, will see employers required to pay the employer’s National Insurance (NI) and pension contributions of furloughed workers’ wage costs in relation to the hours that the worker does not work.
“Employers must pay NI and pension contributions for all hours that furloughed employees are working under a flexible furlough arrangement (which began on July 1, 2020).”
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