Changes to the CJRS from this month
Date: Thursday 08 July 2021
For July, the UK Government will now be paying 70% of employees' usual wages for hours not worked, up to a cap of £2,187.50.
In August and September, this reduces to 60% of employees' usual wages up to a cap of £1,875.
Businesses will need to pay the difference, so that they continue to pay furloughed employees at least 80% of their usual wages for the hours they do not work, up to a cap of £2,500 a month.
The CJRS calculator is available to help work out how much can be claimed for employees up to the end of September. To find this and everything a business needs to know about the CJRS, CLICK HERE.
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Membership of IAAF brings about some excellent networking opportunities and we work closely with the association to ensure the work it does is known throughout the supply chain
Steve Dunn
Exol Lubricants