From 1st July the furlough scheme begins to unwind. Even though an employee must still be paid at least 80% of their wages, the employer can only claim 70% back from the government, reducing to 60% for August and September. The furlough scheme then closes on the 30th September 2021.
The latest news from PMC Partnership incorporating Pomfreys Accountants – 6th January 2026
Remember to avoid an HMRC penalty you must have filed and paid your personal 2025 tax return and tax liability by 31st January 2026. You should also pay, to avoid extra interest, the first payment on account towards your 2026 tax liability.