The Coronavirus Job Retention Scheme has been extended until 30 September 2021, and the level of grant available to employers under the scheme will stay the same until 30 June 2021.
- The level of grant will be reduced starting from 1 July, 2021. Employers will be asked to contribute towards the cost of their furloughed employees' wages.
- Employers must continue to pay furloughed employees a minimum of 80% of their wages (up to a cap of £2,500 per month for the time they spend on furlough), to be eligible for the grant. Note: The government's contribution to the 80% will be reducing over the coming months.
Click here to see the government contributions available in the coming months, along with the required employer contribution and amount that the employee receives per month.
For more information please visit HMRC Guidance: Claim for wages through the Coronavirus Job Retention Scheme.
What do I need to make a claim?
In order to make a claim, you will need to provide complete tracking and reporting information to HMRC.