Fund title: Coronavirus Job Retention Scheme: extension to 30 September 2021
Focus of fund/fund aims:
Coronavirus Job Retention Scheme (CJRS) – also known as the Furlough scheme – will remain open until the end of September 2021, with employees receiving 80% of their current salary for hours not worked, up to a maximum of £2,500
Claims must be submitted by 11.59pm 14 calendar days after the month you’re claiming for
The Coronavirus Job Retention Scheme (CJRS) provides grants to UK employers to keep their workers on, rather than making them redundant during the coronavirus outbreak. The scheme has now been extended until 30 September 2021.
Up until the end of June, the government will continue to pay 80% of salary costs for hours not worked by employees, up to a maximum of £2,500. During July, August and September the government contribution will reduce (to 60% in September) and the employer contribution will increase (to 20% in September). Furloughed employees will therefore continue to receive 80% of their salary for hours not worked, up to a maximum of £2,500 .
Employers will only need to pay employer National Insurance Contributions (NICs) and pension contributions for the hours the employee does not work.
All employers with a UK bank account and UK PAYE schemes can claim the grant.