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Chancellor Rishi Sunak announced the terms of the furlough scheme in the Budget announcement on Wednesday. Over the next stage of the scheme, furlough pay is expected to remain at 80 percent of salaries capped at £2,500 per month for employees. However, later in the year employers will be expected to contribute more to their employee’s wages. Employers will be expected to pay 10 percent towards the hours their staff do not work in July. Furlough extended: The Budget was announced on Wednesday, March 3 (Image: GETTY) For August and September, employers will be expected to pay 20 percent of their staff wages for hours not worked. ....
SEISS extended: Will Rishi Sunak extend the self-employed scheme for grant 5? express.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from express.co.uk Daily Mail and Mail on Sunday newspapers.
SEISS grants have been a lifeline for millions during the coronavirus pandemic, and today, Chancellor of the Exchequer Rishi Sunak has announced an extension to the scheme, meaning there will now be a 5th grant. ....
Budget 2021: How honest will chancellor Rishi Sunak be? itv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itv.com Daily Mail and Mail on Sunday newspapers.
| UPDATED: 13:55, Wed, Mar 3, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Over the course of the last year, the Government has injected unprecedented levels of cash to help the nation through the coronavirus pandemic. Support such as the furlough and self-employment schemes have been widely hailed as a success, but they have come at a cost to the public purse. In his Budget announcement on Wednesday, March 3, it is possible Chancellor Rishi Sunak will announce some changes to taxes. While the nation awaits further updates on the fiscal situation, Express.co.uk spoke to personal finance ....