Are you ready to claim the new Job Retention scheme?
Starting from 1st July 2020 the scheme grant conditions change.
Employers can bring back workers on a part-time basis whilst still claiming from the scheme.
Any new employees starting after the 1st July 2020 will not be eligible for the scheme.
Any employers that have not furloughed their staff by the 10th June 2020, to allow them to complete the minimum three weeks required by the current scheme must furlough to ensure that the second scheme is available to use.
The scheme will operate on it’s current basis until the end of July 2020. The second scheme is due to close on the 31st October 2020.
Employers are expected to pay the employers national insurance and pension contributions from 1st August 2020.
Employers are expected to contribute 10% of the 80% payable to employees from the 1st September 2020 including the employers national insurance and pension contributions.
Employers are expected to contribute 20% of the 80% payable to employees from the 1st October 2020 including the employers national insurance and pension contributions.