Coronavirus Job Retention Scheme Extension
The Coronavirus job Retention Scheme has now been extended until 30th September 2021.
From July 2021 onwards the level of government contribution will reduce and employers will be asked to contribute more towards the cost of furloughed employees’ wages.
Furloughed employees will continue to receive 80% of their wages up to a cap of £2,500
Employers can choose to top up employees’ wages above 80% for hours not worked.
Employers must continue to make employer National Insurance and pension contributions.
Further guidance about steps to take before making Furlough claims can be found on the government website.
Disclaimer: The information in this article is provided for general information only and does not constitute legal or professional advice. We cannot accept responsibility or liability for any actions you may take, or not take, based on this information.