Yesterday the Chancellor announced the Jobs support scheme to replace the furlough scheme from 1st November. This scheme is to support Employers that are having to reduce staff hours due to the Corona Virus. From 1st November any small company can access this scheme for 6 months. The Employer will pay the Employee as usual for any worked hours. For any remaining unworked hours the Employer will pay 1/3, the Government 1/3 and the Employee will suffer the remaining 1/3 in loss of wages. Please see www.hmrc.gov.uk for further details of how the scheme will work.
The latest news from PMC Partnership incorporating Pomfreys Accountants – 26th November 2025
Chancellor Rachel Reeves has set out details of The Budget 2025, which was deilvered on Wednesday 26th November. Here we discuss the main talking points.