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Covid, Furlough & Redundancy
06 August 2020 Julia Ascott, Employment Taxes Specialist
BEIS has announced a new law to ensure that any employees made redundant, who had also been on furlough (at 80% pay) were not disadvantaged financially when calculating statutory redundancy. Read the full announcement here.
From 31 July, employees with at least 2 years continuous service who had previously received reduced pay whilst on furlough will be entitled to receive statutory redundancy based on their normal wages (ie 100%) rather than their temporarily reduced furlough pay.
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06 August 2020 
Julia Ascott, Employment Taxes Specialist
