top of page
Search

Changes to the Coronavirus Job Retention Scheme from July 2021

  • First Choice Accountancy
  • Jun 29, 2021
  • 1 min read

Updated: Jun 30, 2021


ree



Changes From 1 July 2021


From 1 July 2021, the level of grant will be reduced and you will be asked to contribute towards the cost of your furloughed employees’ wages. To be eligible for the grant you must continue to pay your furloughed employees 80% of their wages, up to a cap of £2,500 per month for the time they spend on furlough.



The table below shows the level of government contribution available in the coming months, the required employer contribution and the amount that the employee receives per month where the employee is furloughed 100% of the time.

Wage caps are proportional to the hours not worked.


ree

 
 
 

Comments


bottom of page