The Government have announced that the Coronavirus Job Retention Scheme has been extended until the end of September 2021.
This is to support businesses and individuals who are affected by Covid 19.
The Government will pay employees 80% of their usual salary for hours not worked, up to a maximum of £2,500 per month until the end of June 2021.
In July the government will continue to pay 70% of employees wages, this will be capped at £2,187.50. This will then reduce to 60% of employees wages for August & September capped at £1,875.
Employers will also be responsible for paying the associated Employer National Insurance contributions and pension contributions on subsidised furlough pay.
Can you claim?
Even if you haven't previously claimed, you can still make a new claim regardless of whether your business is currently open or closed. Any eligible business or institution can make a claim.
Will my employees be eligible?
If you want to claim for periods ending on 30th April 2021, your employees must have been employed on or before 30th October 2020.
You do not need to have made a previous claim for an employee before the 30th October 2020 to claim for periods from 1 November 2020.
If you want to claim for periods starting on or after 1st May 2021, your employee must have been employed by 2nd March 2021.
You do not need to have previously claimed for an employee before the 2nd March 2021 to claim for periods from starting on or after 1st May 2021.
Flexible furlough is another option for employers which means that you can use this scheme on a full or part-time basis, varying the hours worked in agreement with your employee.
To check whether employees are eligible and work out how much you can claim, visit GOV.UK and search for 'Job Retention Scheme'.