COVID-19: CJRS is changing from 1 July 2021
Employers are alerted to the fact that CJRS contribution levels are changing from 1 July 2021, as announced in the March 2021 Budget.
Employers will be required to make a 10% contribution to furlough pay in July 2021, increasing to 20% in August and in September 2021.
This means that during July 2021:
— The government will pay 70% of wages up to a maximum of £2,187.50 for the hours that the employee is on furlough.
— Employers will be required to top up the wages of employees on furlough to ensure they receive 80% of wages (up to a maximum of £2,500) in total for the hours the employee is on furlough.
If you need any advice on the operation of the CJRS, please get in touch.
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