Coronavirus Job Retention Scheme (CJRS) claims for July can now be submitted and must be made by Monday 16 August.
Employers can claim 70% of furloughed employees’ usual wages for the hours not worked, up to a cap of £2,187.50 per month. They will need to pay the difference, so that they continue to pay furloughed employees at least 80% of their usual wages in total for the hours they do not work, up to a cap of £2,500 a month.
Employers can still choose to top up employees’ wages above the 80% level or cap for each month if they wish, at their own expense.
From 1 August 2021, the government will pay 60% of wages up to a maximum cap of £1,875 for the hours the employee is on furlough.
The 60% support will continue until the end of September.
See: Claim for wages through the Coronavirus Job Retention Scheme
For further information about the CJRS and other measures announced by the Chancellor to protect individuals and businesses, please get in touch.