www.moneysavingexpert.com/news/2020/04/employed-help-coronavirus-furlough/
Am I understanding the above article (with today's date on it) correctly?
As it's quite long, here's the relevant section:
When will my employer have the furlough cash to be able to pay me?
The scheme opened to employers on Monday 20 April, with the first payments scheduled to be made within six working days – the delay being due to fraud checks and Bacs transfer times. Payments started coming through last week. This first payment will cover March's wages, though some employers will also have claimed for April.
If you've been paid as normal, this 'behind the scenes' transfer won't affect you, as it'll just be your employer claiming for salaries they've already paid out, or are about to pay out.
Yet a decent number of employers have struggled for cash flow, with some telling employees they can't afford to pay their wages until the grants come in.
If your employer has been waiting for this cash to come through before paying you, there'll likely be a further delay as once your employer has the furlough cash, they'll need to run payroll to ensure you pay the right tax, national insurance and pension contributions on the 80% furlough wage.
Yes, it does say that some of these people will have been paid as normal, but seems that a considerable number are only just starting to see any payments come through.
If that's the case, it does make you question the Government assertion that people are already 'addicted" to the furlough payments, doesn't it!
It seems to me that they are trying to whip up the old shirkers v workers division again, so there will be someone else to blame when the effects of the economic downturn start to be felt.
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