Changes to the Coronavirus Job Retention Scheme (CJRS) from July 2021

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The UK Government will continue to pay 80% of your furloughed employees’ usual wages for the hours not worked, up to a cap of £2,500 per month, to the end of June.

In July, CJRS grants will cover 70% of employees’ usual wages for the hours not worked, up to a cap of £2,187.50. In August and September, this will then reduce to 60% of employees’ usual wages up to a cap of £1,875.

You will need to pay the 10% difference in July, and 20% in August and September, so that you continue to pay your furloughed employees at least 80% of their usual wages for the hours they do not work during this time, up to a cap of £2,500 per month.

For the hours not worked you can choose to top up your employees’ wages above the 80% level or cap for each month if you wish, at your own expense.

To help you plan for future claim periods, the CJRS calculator is available to help you work out how much you can claim for employees in June, July, August and September. To find this and everything you need to know about the CJRS, search ‘Job Retention Scheme‘ on gov.uk.

Please speak to your normal PIB Risk Management contact or get in touch using info@pibrm.com if you have any questions regarding your furlough scheme.