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UK COVID-19: Coronavirus Job Retention Scheme Update

  • Farrell & Farrell
  • Jul 1, 2021
  • 1 min read

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.

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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.

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