Coronavirus Job Retention Scheme (CJRS)
Since the outbreak of coronavirus, the UK government has introduced a scheme known as ‘furlough’.
To avoid making redundancies, many firms have been encouraged to ‘furlough’ their employees. This essentially means putting jobs on hold during the disruptions of the lockdown.
Under the furlough scheme, the government can pay up to 80% of your wages (up to a maximum of £2,500 gross per month) so that you still receive an income during this difficult time.
Current Gross Annual Salary£
Please enter a salary over £17,500
The government will pay up to 80 per cent of people’s wages, up to a maximum of £2,500 gross per month
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Your home may be repossessed if you do not keep up repayments on your mortgage.
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The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
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