Back to Our Thinking

Coronavirus Job Retention Scheme (CJRS): Further details released

Employment Associate Fiona Mendel details the additional information released surrounding the Coronavirus Job Retention Scheme.

Following our update of 3 March 2021 here, the CJRS has been extended until 30 September 2021. The level of grant available to employers under the scheme will stay the same until 30 June 2021.

For periods starting on or after 1 May 2021, claims can be made for employees who were employed on 2 March 2021, as long as a PAYE Real Time Information (RTI) submission was made to HMRC between 20 March 2020 and 2 March 2021, notifying a payment of earnings for that employee.

The table below shows the level of Government contribution available in the coming months, the required employer contributions and the amount that an employee will receive per month, where furloughed 100% of the time.

Businesses can continue to top up your employees’ wages above the 80% total and £2,500 cap for the hours not worked at their own expense if they wish to. Wage caps are proportional to the hours not worked.

 

May

June

July

August

September

Government contribution: Wages for hours not worked

80% up to £2,500

80% up to £2,500

70% up to £2,187.50

60% up to £1,875

60% up to £1,875

Employer contribution: Employer National Insurance contributions and pension contributions

Yes

Yes

Yes

Yes

Yes

Employer wage contribution for hours not worked

No

No

10% up to £312.50

20% up to £625

20% up to £625

For hours not worked 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

80% up to £2,500 per month

New information on claim periods from May 2021 have been added regarding fixed term contract employees and employees that transfer under TUPE.

Should you have any queries on the above or require any employment related advice, please contact Fiona Mendel at fiona.mendel@seddons.co.uk or on 020 7725 8033, or Helen Crossland at helen.crossland@seddons.co.uk or on 020 7725 8034.

Share this article

What to read next

More articles from Seddons