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New Government Budget guidance on COVID-19 support

The Coronavirus Job Retention Scheme (CJRS) has been extended until the end of September‌‌‌ ‌2021: The UK government will continue to pay 80% of employees’ usual wages for the hours not worked, up to a cap of £2,500 per month, up to the end of June‌‌‌ ‌2021. For periods 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. Employers will need to continue to pay their 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. They also need to pay the associated Employer National Insurance contributions and pension contributions on subsidised furlough pay from their own funds. When claiming for periods from 1 May‌‌‌ ‌2021 onwards, eligible employees must have been employed on 2‌‌‌ ‌March 2021 and had a Real Time Information (RTI) submission to HMRC notifying a payment of earnings for that employee by their employer between 20‌‌‌ ‌March 2020 and 2‌‌‌ ‌March 2021.

Author

Fungayi Mukosera