Changes to the coronavirus job retention scheme
The Coronavirus job retention scheme (Furlough) has been extended until the 30th September 2021.
The level of grant the government contributes towards this will change from the 1st of July 2021. From 1 July 2021, the government will pay 70% of wages up to a maximum cap of £2,187.50 for the hours the employee is on furlough. To be eligible for furlough employers must continue to pay furloughed workers 80% of their wages, up to £2,500 per month.
The below table shows the level of contribution available until September 2021.
Employers can continue to choose to top up their employees’ wages above the 80% total and £2,500 cap for the hours not worked at their own expense.