It has been announced that the Furlough Scheme has been extended and will remain open
until December; this will be good news for those businesses who have to close from
Thursday 5 th November.

The rules will be the same as the previous scheme – to be eligible the employee has to be on a
PAYE payroll and it can start immediately. Employers small or large, charitable or non-
profit, are eligible for the extended Job Retention Scheme.

Employees will receive 80% of their current salary for hours not worked, up to a maximum
of £2,500. Under the extended scheme, the cost for employers of retaining workers will be
reduced compared to the current scheme, which ends today. This means the extended
furlough scheme is more generous for employers than it was in October.

Businesses will have flexibility to bring furloughed employees back to work on a part time
basis or furlough them full-time, and will only be asked to cover National Insurance and
employer pension contributions which, for the average claim, accounts for just 5% of total
employment costs.

PLEASE NOTE:

The Job Support Scheme, which was scheduled to come in on Sunday 1st November, has
been postponed until the furlough scheme ends.

ADDITIONAL FINANCIAL HELP:

In addition, business premises forced to close in England are to receive grants worth up to
£3,000 per month under the Local Restrictions Support Grant. Also, £1.1bn is being given to
Local Authorities, distributed on the basis of £20 per head, for one-off payments to enable
them to support businesses more broadly.

To give homeowners peace of mind too, mortgage holidays will also no longer end today.