26 Jul

COVID-19 Government Support News: 26th July 2021

Megan
Megan
COVID-19 Government Support News: 26th July 2021

Please note that this update is correct as of the 26th July 2021. If you need any help or have any questions on the below please contact us on 01256 883 012.

Coronavirus Job Retention Scheme (CJRS) Update

CJRS claims for July can now be submitted and must be made by Monday 16 August.

Employers can claim 70% of furloughed employees' usual wages for the hours not worked, up to a cap of £2,187.50 per month. They will need to pay the difference, so that they continue to pay furloughed employees at least 80% of their usual wages in total for the hours they do not work, up to a cap of £2,500 a month.

Employers can still choose to top up employees' wages above the 80% level or cap for each month if they wish, at their own expense.

From 1 August 2021, the government will pay 60% of wages up to a maximum cap of £1,875 for the hours the employee is on furlough.

The 60% support will continue until the end of September.

Upcoming CJRS Claims

July

August 

September

Government contribution: wages for hours not worked

70% up to £2187.50

60% up to £1875

60% up to £1875

Employer contribution: employer National Insurance contributions and pension contributions

Yes

Yes

Yes

Employer contribution wages for hours not worked

10% up to £312.50

20% up to £625

20% up to £625

For hours not worked employee receives 

80% up to £2500 per month

80% up to £2500 per month

80% up to £2500 per month

Click here to claim for wages through the Coronavirus Job Retention Scheme. 

Self-Employment Income Support Scheme (SEISS) update

The claims service for the fifth SEISS grant will open from late July. In the meantime, here is the latest SEISS update from HMRC.

Personal claim dates

Shortly HMRC will be contacting every customer who may be eligible for the fifth grant, to tell them their personal claim date. Customers can claim from this date up until the claims service closes on 30 September 2021.

Claims made before the personal claim date will not be processed. This is to ensure the system is fast and easy to use for everyone on their given date, and that telephone support continues to be available for those who need it most.

Preparing turnover figures

The majority of customers claiming the fifth SEISS grant will need to provide turnover figures in order to make a claim. The turnover figures will be used to compare the 'pandemic year' with a 'reference period'.

Detailed instructions on how to prepare turnover for the 12-month period starting on any date from 1 to 6 April 2020 (the 'pandemic year'), and where to find turnover for 2019-20 or 2018-19 (the 'reference period'), can be found here

Please contact us if you need help with your turnover figures.