The Chancellor, Rishi Sunak, has today announced that the Coronavirus Job Retention Scheme will remain open until the end of October.
The extension will allow furloughed workers across UK to continue to receive 80% of their current salary, up to £2,500 a month.
However, a new flexibility will be introduced from August allowing furloughed workers to return to work part-time with employers being asked to pay a percentage towards the salaries of their furloughed staff.
The employer payments will substitute the contribution the government is currently making, ensuring that staff continue to receive 80% of their salary, up to £2,500 a month and it is hoped to avoid a cliff edge and get people back to work in a measured way.
The scheme will continue in its current form until the end of July and the changes to allow more flexibility will come in from the start of August and specific implementation details will be made available by the end of this month.
As your Fellow Park Owners, NH&HPA believes further support is needed for our industry which has been unable to operate and is subject to the elimination of both demand and opportunity due to the ongoing restrictions.
We continue with our representations.
Kindest regards to you.
David Prince FCCA