We have supported a number of our payroll clients using the Government’s Coronavirus Job Retention Scheme which will run until 30 September 2021.
For claims relating to August and September 2021, the government will pay 60% of wages up to a maximum cap of £1,875 for the hours the employee is on furlough. For all claims from 1 July 2021, employers must top up their employees’ wages to make sure they receive 80% of their wages (up to £2,500) for the hours they are on furlough. The caps are proportional to the hours not worked.
The scheme will however be ending on 30 September 2021 and claims for September must be submitted by 14 October 2021 and any amendments must be made by 28 October 2021.
For more information follow this link https://www.gov.uk/guidance/claim-for-wages-through-the-coronavirus-job-retention-scheme and as always, we are a phone call away if you would like to discuss anything further.