🏎🏎 Furlough moves fast baby! 🏎🏎
70% only had a short lifespan, moving on from the furlough world, to make way for 60%
That is right! ✅ 60% ✅ is it, from the 💥1st August 💥for all furlough claims from 💥YESTERDAY💥
❓ What does this mean to employers using the furlough scheme ❓
🤓 You can claim 60% of an employee’s usual wages – DOWN FROM 70% in July
🤓 You will need to pay the 20% DIFFERENCE
🤓 Meaning your employee will still receive at least 80% of their usual wages
AND! 💥Don’t forget 💥60% STAYS for September too 💥
For more information head to 🕌 Big-G-HQ 🕌 and the following update from #HMRC:
https://www.gov.uk/government/publications/changes-to-the-coronavirus-job-retention-scheme/changes-to-the-coronavirus-job-retention-scheme
😍😍😍 Stay safe everyone 😍😍😍