The government will pay the associated employer national insurance contributions and minimum automatic enrolment employer pension contributions on top, although employers will need to start contributing from August.It’s available to all employees that started a PAYE payroll scheme on or before March 19, 2020, although it closed to new entrants in June.But from July 1, staff members are allowed to go back part-time and they must be paid in full for the hours that they work.
For self-employed workers, applications will only be considered if the borrower can provide proof of business turnover.The bank has toughened its rules due to fears that furloughed workers are at higher risk of being made redundant. "Where the customer’s employer is topping up their furloughed income to 100 per cent, the employer must provide confirmation that they are committed to ongoing employment."in a record high due to an "unexpected mini boom" surge in demand.
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