News
LFASS and Convergence 2020
Monday 25th January 2021
LFASS and Convergence 2020 Payments:
As most of you will be aware the LFASS payment for has been reduced to 40% of the 2018 payment rate - and I know that this has come as a shock for many people.
The convergence fund is worth over £71.8 million for 2020 and £32.8million of this will be used to "top-up" the remaining 60% of the 2018 LFASS rates.
The final payment rates for 2020 are as follow's:
Region 1 - £9.65 (2019 - £15.86)
Region 2 - £17.97 (2019 - £28.03)
Region 3 - £9.69 (2019 - £11.87)
Payments are due imminently - if you have any questions please do not hesitate to get in touch.