Need to know: Prepare for changes to the Coronavirus Job Retention Scheme

11 August 2021

We bring you the latest news from Government, the legislation you need to know, and what’s going on in the wider GCMA world… This week: CJRS July claims are due, changes are coming to the CJRS scheme, and Statutory Sick Rate Rebate Scheme JULY CJRS SCHEMES HMRC are reminding businesses the deadline for July furlough claims is Monday, August 16. You can claim 70 per cent of your furloughed employees' usual wages for the hours not worked, up to a cap of £2,187.50 per month. HMRC say: "You’ll need to pay the difference, so that you continue to pay your furloughed employees at least 80% of their usual wages in total for the hours they do not work, up to a cap of £2,500 a month including your contribution." They have also reminded companies to keep records supporting grants claimed, in case they need to check them, and to make sure "you’re paying CJRS-related employee tax and National Insurance contributions to HMRC, and contact us if you're struggling to pay." CHANGES TO THE CJRS From now until September 30, when the furlough scheme closes, the Government will pay 60 per cent of employees' usual wages for hours not worked up to a cap of £1,875. Businesses will need to continue to pay the difference, so furloughed employees receive at least 80 per cent of their usual wages in total for the hours they don't work - up to a cap of £2,500 a month, including your contribution. STATUTORY SICK PAY REBATE SCHEME HMRC say: "The UK Government’s Statutory Sick Pay Rebate Scheme continues to provide financial support to small and medium-sized employers. "If you’re an employer with fewer than 250 employees, and if you’ve paid Statutory Sick Pay (SSP) to employees for coronavirus-related sickness absence or self-isolation, you could be eligible for support. You can also speak to your tax agent about making claims on your behalf. "The repayment can cover up to two weeks of the applicable rate of SSP. For more information on eligibility and how to make a claim search 'check if you can claim back Statutory Sick Pay' on GOV‌‌.UK." Do you subscribe to the GCMA's weekly E-newsletter? Make sure you're not missing out on the latest in the world of golf club management. Click here to join in.

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