Coronavirus Job Retention Scheme (CJRS)
The CJRS has been extended until 30 September 2021. From 1 July 2021, the government will pay 70% of wages up to a maximum cap of £2,187.50 for the hours the employee is on furlough.
Employers will top up employees’ wages to make sure they receive 80% of wages (up to £2,500) in total for the hours the employee is on furlough. The caps are proportional to the hours not worked.
From 1 August 2021, the government will pay 60% of wages for furlough employees up to £1,875. From 1 July 2021, employers will top up employees’ wages to make sure they receive 80% of wages (up to £2,500).
See: Check if you can claim for your employees’ wages through the Coronavirus Job Retention Scheme – GOV.UK (www.gov.uk)
Self-Employment Income Support Scheme (SEISS) – get ready to claim the fifth grant
HMRC have provided a new video about the SEISS fifth grant: www.youtube.com