The furlough scheme is being phased out – here’s what to expect

The Coronavirus Job Retention Scheme – better known as furlough – is changing from the beginning of July. Here’s what you need to know.

From July onwards, employers will be expected to contribute more towards the hours their staff do not work:

• 10% in July
• increasing to 20% in August and September.

So if you’re on furlough you’ll still get the same amount as before – 80% of your wages up to a maximum of £2500 per month – but the government will only pay 70% in July, and then 60% in the final two months of the scheme, and your employer must make up the difference.

To find out more about the furlough scheme and how it works, read our main furlough blogpost.

If you have lost income but you’re not entitled to the furlough scheme

• If you’re self-employed, read our most recent Self-Employed Income Support Scheme
• Use our free, independent benefit checker to see if you can claim any additional support.
• If you’ve been made redundant, take a look at our redundancy guide.
• If you’re one of our customers on a Debt Management Plan, IVA, Trust Deed or DAS, let us know as soon as your financial situation changes, so we can make sure you’re not paying more than you can afford into your debt solution. You can find details on how to contact us on our website.