Employers will have up until 31st JULY 2020 (Version 1) to make any claims in respect of the period 1 March to 30 June. Further guidance on flexible furloughing and how employers should calculate claims has now been published at HMRC. It is therefore VERY IMPORTANT to make your furlough claims each month (ASAP and up to 14 days in advance of month end)

Statement from GOV.UK: The Coronavirus Job Retention Scheme is changing: From 1 July, employers can bring back to work employees that have previously been furloughed for any amount of time and any shift pattern, while still being able to claim CJRS grant for their normal hours not worked. When claiming the CJRS grant for furloughed hours employers will need to report and claim for a minimum period of a week. The scheme will close to new entrants from 30 June. From this point onwards, employers will only be able to furlough employees that they have furloughed for a full 3 week period prior to 30 June. This means that the final date by which an employer can furlough an employee for the first time was the 10th June, in order for the current 3 week furlough period to be completed by 30 June.

READ THE LATEST BULLETIN HERE

June & July: The government will pay 80% of wages up to a cap of £2,500 as well as employer National Insurance (ER NICS) and pension contributions.
August: The government will pay 80% of wages up to a cap of £2,500. Employers will pay ER NICs and pension contributions.
September: The government will pay 70% of wages up to a cap of £2,187.50. Employers will pay ER NICs and pension contributions and 10% of wages to make up 80% total up to a cap of £2,500.
October: The government will pay 60% of wages up to a cap of £1,875. Employers will pay ER NICs and pension contributions and 20% of wages to make up 80% total up to a cap of £2,500.