Employers simple guide to HMRC furlough scheme
The government furlough scheme rules will start to change from 1st July 2020. Here is a simple guide to what you can claim for.
July 2020 - Government will pay 80% of employees pay (up to £2500) and employers NI and employers pension contributions.
Employers can start to claim for part time hours not worked.
August 2020 - Government will pay 80% of employees pay (up to £2500).
Employers will have to pay employers NI and pension contributions.
September 2020 - Government will pay 70% of employees pay (up to £2187.50).
Employer will have to top up employees pay to 80% (up to £2500)
Employers will have to pay employers NI and pension contributions.
October 2020 - Government will pay 60% of employees pay (up to £1875).
Employer will have to top up employees pay to 80% (up to £2500)
Employers will have to pay employers NI and pension contributions.