Further details of Coronavirus Job Retention Scheme announced
The Treasury has provided further details and guidance on the coronavirus (COVID-19) job retention scheme. The government will cover employer National Insurance and pension contributions of furloughed workers in addition to 80% of their salary and those furloughed will be able to volunteer for the NHS without risking their pay. In addition the costs of employer national insurance and pension contributions will be covered by the Government.https://www.gov.uk/government/news/further-details-of-coronavirus-job-retention-scheme-announced
Category: Employment » Remuneration; Taxation; Pensions. Keyword(s): Pensions; National insurance; Coronavirus. Area(s) of law: Employment; Pensions; Tax.