Employers may have to pay 25% of furloughed staff wages from August

Employers will be expected to pay at least a fifth of the wages of furloughed staff from August, it is claimed.

Chancellor Rishi Sunak has said 80% of workers’ salaries will be covered until October, as the government begins to kickstart the flailing economy amid the coronavirus crisis.

However, the Treasury is said to be considering asking businesses to cover between 20% and 30% of staff wages.

Companies may also be told to cough up for national insurance contributions,...
source: Metro

2020-05-23 11:26
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