Coronavirus job retention scheme will cover AE contributions

James Phillips
clock • 2 min read

Furloughed workers will continue to receive pension contributions under the government’s coronavirus job retention scheme, HM Revenue & Customs (HMRC) has confirmed.

Employers who would otherwise need to lay off staff due to the Covid-19 crisis will be able to claim for 80% of an employees' usual monthly wage costs, up to a maximum of £2,500. Guidance publis...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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