We are now a week away from changes to the Coronavirus Job Retention Scheme (CJRS), coming in 1st July 2021. Following July there will be further changes in August, before the scheme finishes at the end of September.
From 1st July the total claimable grant is 70%, up to a maximum of £2,187.50/mth. The employer will have to top up the extra 10%, up to £312.50/mth, as the employee must still receive 80%.
The employer NI and pension contributions still need to be paid by the employer and can’t be claimed back.
The table below outlines the changes coming in.
| May | June | July | August | September | |
|---|---|---|---|---|---|
| Government contribution: wages for hours not worked | 80% up to £2,500 | 80% up to £2,500 | 70% up to £2,187.50 | 60% up to £1,875 | 60% up to £1,875 |
| Employer contribution: employer National Insurance contributions and pension contributions | Yes | Yes | Yes | Yes | Yes |
| Employer contribution wages for hours not worked | No | No | 10% up to £312.50 | 20% up to £625 | 20% up to £625 |
| For hours not worked employee receives | 80% up to £2,500 per month | 80% up to £2,500 per month | 80% up to £2,500 per month | 80% up to £2,500 per month | 80% up to £2,500 per month |
If you are unsure how to calculate the gross furlough pay you should either speak to your payroll bureau, or use the handy HMRC online calculator.
We have helped hundreds of clients with their furlough calculations, queries and claims over the last 15 months and will continue to do so. If you have any questions please feel free to get in touch.