The furlough scheme ends on 30 September, and employers have until 14 October to claim wages for staff who have been put on furlough during that month. Under the initiative, the government will pay up to £1,875 per furloughed employee to cover 60% of their wages throughout September, with employers required to contribute 20% of the employee’s wages, and having the option of contributing more.

R3 is calling on company directors to use this time to review their business’s financial position and to seek advice about the options open to them if they are experiencing any financial issues.

‘Businesses have another 30 days where government will underwrite a large percentage of their wage bill. Directors need to use this time wisely, explore their options for resolving any issues they face, and develop a plan for how they’ll address them,” R3 deputy vice president Nicky Fisher said. 

‘In