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<p>An estimation of income tax receipts in 2020-21 would be a forecast as the financial
year has not yet concluded. The Treasury does not publish forecasts for the economy
or the public finances. Forecasts of future receipts, including income tax receipts,
are produced by the Office for Budget Responsibility (OBR) on a regular basis as part
of their Economic and fiscal outlook series (EFO). The Chancellor will deliver an
updated OBR forecast on 25 November alongside the 2020 Spending Review.</p><p> </p><p>In
March, the Government announced the unprecedented Coronavirus Job Retention Scheme
(CJRS), designed to help firms to keep millions of people in employment. The CJRS
has helped 1.2 million employers across the UK to furlough 9.6 million jobs (as at
midnight 18 October 2020), protecting people's livelihoods. The Chancellor has recently
extended the CJRS until the end of March 2021, beyond the national lockdown restrictions.</p>
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