Furlough scheme extended - full details on Rishi Sunak s announcement amid SEISS changes Connor Coombe-Whitlock
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Furlough payments are set to be extended into September, with the Chancellor confirming workers will continue to have up to 80 percent of their salaries covered. This will be welcoming news to both struggling workers and employers.
The news was welcomed by Ben Willmott, the head of public policy at the CIPD, the professional body for HR and people development, who had the following to say: The extension of the furlough scheme until the end of September will leave both employers and workers sighing with relief, and help buy crucial time for the vaccination programme to be rolled out across more of the working age population and for economic recovery to take root.
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Newly self-employed people will be breathing a sigh of relief today as the Chancellor confirmed that those who traded between and have completed a tax return for 2019 to 2020 are eligible for help.
The group, which includes more than 600,000 people who went self-employed last year, was unable to access the first three instalments as they had not yet filed a full tax return. But they can apply for the fourth Self-Employment Income Support Scheme grant.
But the self-employed who have made a profit of more than £50,000 in recent years still remain excluded from claiming anything under SEISS whatsoever, despite their being no similar earnings cap for the furlough scheme.
Newly self-employed people will be breathing a sigh of relief today as the Chancellor confirmed that those who traded between and have completed a tax return for 2019 to 2020 are eligible for help.
The group, which includes more than 600,000 people who went self-employed last year, was unable to access the first three instalments as they had not yet filed a full tax return. But they can apply for the fourth Self-Employment Income Support Scheme grant.
But the self-employed who have made a profit of more than £50,000 in recent years still remain excluded from claiming anything under SEISS whatsoever, despite their being no similar earnings cap for the furlough scheme.