15 June 2020 Andrea Marshall, Tax Specialist
Further updates were announced to Job Retention Scheme on 12 June 2020 and the “Changes to the Coronavirus Job Retention Scheme” policy paper was released. HMRC’s “Check if you can claim for your employees’ wages through the Coronovirus Job Retention Scheme” guidance has also been updated.
***update on 22 June 2020: HMRC has now updated its Coronavirus Job Retention Scheme: step by step guide for employers to reflect some of these changes***
The main changes are:
Introduction of Flexible Furloughing
Other changes
July | August | September | October | |
Government contribution: employer NICs and pension contributions | Yes | No | No | No |
Government contribution: wages | 80% up to £2,500 | 80% up to £2,500 | 70% up to £2,187.50 | 60% up to £1,875 |
Employer contribution: employer NICs and pension contributions | No | Yes | Yes | Yes |
Employer contribution: wages | - | - | 10% up to £312.50 | 20% up to £625 |
Employee receives | 80% up to £2,500 per month | 80% up to £2,500 per month | 80% up to £2,500 per month | 80% up to £2,500 per month |
Making a claim