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    Coronavirus Job Retention Scheme (CJRS): Further details released

    Employment Associate Fiona Mendel details the additional information released surrounding the Coronavirus Job Retention Scheme.

    Following our update of 3 March 2021 here, the CJRS has been extended until 30 September 2021. The level of grant available to employers under the scheme will stay the same until 30 June 2021.

    For periods starting on or after 1 May 2021, claims can be made for employees who were employed on 2 March 2021, as long as a PAYE Real Time Information (RTI) submission was made to HMRC between 20 March 2020 and 2 March 2021, notifying a payment of earnings for that employee.

    The table below shows the level of Government contribution available in the coming months, the required employer contributions and the amount that an employee will receive per month, where furloughed 100% of the time.

    Businesses can continue to top up your employees’ wages above the 80% total and £2,500 cap for the hours not worked at their own expense if they wish to. Wage caps are proportional to the hours not worked.

     

    May

    June

    July

    August

    September

    Government contribution: Wages for hours not worked

    80% up to £2,500

    80% up to £2,500

    70% up to £2,187.50

    60% up to £1,875

    60% up to £1,875

    Employer contribution: Employer National Insurance contributions and pension contributions

    Yes

    Yes

    Yes

    Yes

    Yes

    Employer wage contribution for hours not worked

    No

    No

    10% up to £312.50

    20% up to £625

    20% up to £625

    For hours not worked employee receives

    80% up to £2,500 per month

    80% up to £2,500 per month

    80% up to £2,500 per month

    80% up to £2,500 per month

    80% up to £2,500 per month

    New information on claim periods from May 2021 have been added regarding fixed term contract employees and employees that transfer under TUPE.

    Should you have any queries on the above or require any employment related advice, please contact Fiona Mendel at fiona.mendel@seddons.co.uk or on 020 7725 8033, or Helen Crossland at helen.crossland@seddons.co.uk or on 020 7725 8034.

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