• Your take home pay will only be affected if you earn over £36k per annum and your company chooses to sit at the minimum.
    Your employer will pay 100% of your salary to furlough you which means you can complete no work. They will then get a rebate of 80% from HMRC to aid their cashflow.

    In summary under £36k you should be ok if your employer has the liquidity to pay your 20%, over £36k you might take a pay cut or lose your job altogether.

  • Thanks for this. I was interested in how it is taxed etc., but it’s academic now as the company has said they will top it up to full pay.

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