From 1st August 21 there are further changes being introduced to the Coronavirus Job Retention Scheme.
From August the employer can claim back 60% of the employees’ wages, down from 70% in July. The employer must top up the remaining 20% to ensure employees continue to receive 80% of their wages. Employers can still top up to 100% if they so wish.
|Claimable amount||60% up to £1,875||60% up to £1,875|
|Employer NI and pension contributions||Yes||Yes|
|Mandatory employer top up||20% up to £625||20% up to £625|
|Employee receives||80% up to £2,500/mth||80% up to £2,500/mth|
The Coronavirus Job Retention Scheme finishes on the 30th September 2021.