There are changes to Coronavirus Job Retention Scheme (CJRS) from July 2021.
The UK Government will continue to pay 80% of your furloughed employees' usual wages for the hours not worked, up to a cap of £2,500 per month, to the end of June 2021.
In July, CJRS grants will cover 70% of employees' usual wages for the hours not worked, up to a cap of £2,187.50. In August and September, this will then reduce to 60% of employees' usual wages up to a cap of £1,875.
You will need to pay the 10% difference in July (20% in August and September) so that you continue to pay your furloughed employees at least 80% of their usual wages for the hours they do not work during this time, up to a cap of £2,500 per month.
For the hours not worked you can continue to choose to top up your employees' wages above the 80% level or cap for each month, at your own expense.
To help you plan ahead for all future claim periods, the CJRS calculator is available to help you work out how much you can claim for employees.
For further information on CJRS please visit GOV.UK.
Source: Business Wales https://businesswales.gov.wales/news-events
Posted on: Monday 14th June 2021