If you are preparing your July 2021 payroll and you claim CJRS grants, please remember the following changes:
In July 2021: employers can CLAIM 70% of the furlough pay (up to £2,187.50) but will PAY 10% of furlough wages (up to £312.50) themselves.
In August 2021: employers can CLAIM 60% of the furlough pay (up to £1,875) but will PAY 20% of the furlough wage (up to £625) themselves.
In September 2021: employers can CLAIM 60% of the furlough pay (up to £1,875) but will PAY 20% of the furlough wage (up to £625) themselves.
Further details can be found HERE.
If you have any questions, please let us know.
The information provided in this article is not intended to constitute professional advice and neither is it a recommendation. You should take full and comprehensive legal, accountancy or financial advice as appropriate on your individual circumstances by a fully qualified Solicitor, Accountant or Financial Advisor/Mortgage Broker before you embark on any course of action.
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