top of page

UK COVID-19: Coronavirus Job Retention Scheme Update

Farrell & Farrell

CHANGES TO THE CORONAVIRUS JOB RETENTION SCHEME (CJRS)


From 1 July 2021 the level of the CJRS grant will gradually be reduced and employers will be required to contribute more towards the cost of furloughed employees’ wages as follows:-

Employers must continue to pay furloughed employees 80% of their wages, up to a cap of £2,500 per month for the time they spend on furlough.


Employers can continue to top up employee’s wages above the 80% total and £2,500 cap for hours not worked if they wish.


Please be advised that the CJRS scheme is due to cease on 30 September 2021.

26 views0 comments

Recent Posts

See All

UK: BOE interest rate cut to 4.5%

The Bank of England has today confirmed that interest rates will be cut to 4.5%, from 4.75%. #FarrellAndFarrell #crossbordertaxadvisors...

Comments


FFLOGO.png
FFLOGO3.png
NEW CIOT LOGO copy.png

35 Main Street
Hilltown
Newry
County Down
BT34 5UJ

Tel:      028 4063 0876

Fax:     028 4063 2648

Email:  info@farrellca.com

  • Facebook - Black Circle
  • Twitter - Black Circle
  • LinkedIn - Black Circle

Farrell & Farrell CA Limited (trading as Farrell & Farrell) is registered in NI with registration number NI 639336. Registered with The Chartered Institute of Taxation as a firm of Chartered Tax Advisers. Registered to carry on audit work and regulated for a range of investment business activities by Chartered Accountants Ireland (CAI). Details about our audit registration can be viewed at www.auditregister.org.uk under reference number 3044856.

bottom of page