Charlotte Davies

+44 (0)1223 785267 cdavies@greenwoodsgrm.co.uk

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COVID-19: CJRS is changing from 1 July 2021

Employment / 30 June 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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This update is for general purposes and guidance only and does not constitute legal or professional advice. You should seek legal advice before relying on its content. This update relates to the prevailing circumstances at the date of its original publication and may not have been updated to reflect subsequent developments. If you have general queries about our updates, please email: mailinglists@greenwoodsgrm.co.uk

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