Businesses across Britain will have to start making compulsory furlough contributions from July 1 as the Treasury’s pay falls to 70% for the first time in 2021. This means staff still on furlough will receive 70% of their pay from the Treasury, up to £2,187.50, and 10% of their income plus pension and National Insurance contributions from their employer. From …
Furlough – what happens next?
Over the past six months, the dedicated team at SW&A have helped many Worcestershire businesses deal with the nitty-gritty of putting their staff on furlough leave. Changes are afoot, however, and for clarity we’ve rounded up the latest developments, what is happening in October and beyond and how the scheme currently operates. From September 1, businesses that have put staff …