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Furloughing scheme to end soon

Companies advised to plan ahead to avoid problems in the near future.
By Lorne Barling,

Furloughing or the Job Retention Scheme, which has enabled many business owners to retain their staff during the Covid-19 pandemic, will end soon and Swindon accountants Haines Watts are advising companies to plan for the change now.

Managing partner Mike Lloyd said:

“This is the time to take stock and plan for the future of your business whether for recovery, growth or both – while you are still able to receive government support. For each business that plan will look different but, as with everything in business, having a plan is critical.”

Haines Watts provides  brief re-cap on the future timeline should focus the minds of any company owners or directors who have made use of the scheme and are now considering their next steps.