- Created: Friday, 05 March 2021 14:24
Budget 2021 - Furlough Extension.
The Coronavirus Job Retention Scheme has been extended until 30th September 2021.
From 1st July 2021, the level of grant will be reduced each month and employers will be asked to contribute towards the cost of furloughed employees’ wages, the contribution required will be 10% of wages for hours not worked in July, rising to 20% in respect of August & September 2021.
From 1st May 2021 onwards, employers can claim grants under the CJRS for workers who were employed on 2nd March 2021, as long as the employer has made a PAYE Real Time Information (RTI) submission to HMRC in respect of that worker between 20th March 2020 and 2nd March 2021.