Mar 3rd, 2021
2 mins
Following the Budget announcement on the 3rd March the Chancellor announced that the Job Retention Scheme (furlough) will be extended until September 2021.
The 2021 Budget reads:
The Coronavirus Job Retention Scheme (CJRS) and Self-Employment Income Support Scheme (SEISS) have protected jobs and businesses in every part of the UK. Incomes have been further protected through increases to Universal Credit and Working Tax Credit recipients, expanded Statutory Sick Pay, and help with rent and Council Tax. Alongside this, government action through the Plan for Jobs, including the Kickstart and Restart schemes, is helping people looking
for work.
The Budget builds on this, extending this support to reflect the cautious reopening of the economy set out in the roadmap. Further investment in vaccine deployment and public services to ensure that people continue to receive the vital support which they need at this stage of the pandemic.
The CJRS and SEISS will be extended to provide protection to businesses and individuals that continue to be affected by the restrictions. For those in need of direct income support, the government is extending the temporary Universal Credit increase and making a one-off payment to Working Tax Credit.
