31 July deadline under CJRS

by | Jul 28, 2020

As lockdown measures ease and the UK Government takes steps to open the economy there are number of changes which take place from early August 2020 including changes to the Coronavirus Job Retention Scheme.

 UK Job Retention Scheme

The CJRS “Furlough” Scheme does not officially close until 30 October. 

However, from 1 August employers will need to start contributing to the wages of their furloughed employees. 

The first phase results in businesses paying the employers National Insurance and pension contributions for the hours that furloughed employees are not working.

31 July is the deadline to make claims under the CJRS for the period ended 30 June.  Claims cannot be submitted from August onwards.

We set out below the future of the CJRS

August: The government pays 80% of wages, capped at £2,500. Employers have to pay for employer National Insurance and pension contributions.

September: The government pays 70% of wages, capped at £2,187.50. Employers have to pay for employer National Insurance and pension contributions, and 10% of wages – with the 70% from the government, this makes up the 80% total, capped at £2,500.

October: The government pays 60% of wages, capped at £1,875. Employers have to pay for employer National Insurance and pension contributions, and 20% of wages – with the 60% from the government, this makes up the 80% total, capped at £2,500.

The Coronavirus Job Retention Scheme will close at the end of October 2020.

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