Changes to Coronavirus Job Retention Scheme from 1 August
From the 1st August, employers are now required to make a 20% contribution towards the hours their staff do not work if they are part of the Coronavirus Job Retention Scheme (CJRS). Employers will continue to pay employer National Insurance Contributions and pension contributions.
To assist businesses understand the new rules, HMRC is running a webinar next Wednesday, 11th August, starting at 11.45am to explain the new rules and how to bring your employees back from furlough as the scheme comes to a conclusion at the end of September. To register for the webinar, click HERE.