Changes to the Coronavirus Job Retention Scheme (CJRS) from 1 September and what it means to you.
From 1 September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work.
Employers will still need to pay furloughed employees 80% of their usual wages for the hours they do not work, up to a cap of £2,500 per month. Employers will need to fund the difference between this and the CJRS grant themselves.
Employers will continue to have to pay furloughed employees’ National Insurance (NI) and pension contributions from their own funds. (As commenced 1st August 2020)
Making sure your data is right
It’s important that you provide all the data we need to process your claims. Payment of employers’ grants may be at risk or delayed if we submit a claim that is incomplete or incorrect.
May we take this opportunity to remind you that flexible furlough is available. Please ensure if any employee including directors that are furloughed, work any amount during the month, we will need full details of days and hours to amend the furlough claim.
If you have any questions or concerns, feel free to contact the office.