HMRC latest information about the financial support schemes available to help employers

5th August 2021

HMRC latest information about the financial support schemes available to help employers, as part of the UK Government's Plan for Jobs.

This includes a reminder of the 16‌‌ ‌August deadline for submitting your July Coronavirus Job Retention Scheme (CJRS) claims, changes to the scheme from this month and claiming Statutory Sick Pay for employees who are self-isolating.

To find out what other financial support may be available for you and your business during this time, search 'find coronavirus financial support' on GOV‌‌.UK

1. Submit your CJRS claims for July

Thank you if you have submitted your July furlough claims already. If you haven't submitted them yet, you must do so by the deadline of Monday‌‌ ‌16‌‌ ‌August.

For July, you can claim 70% of your furloughed employees' usual wages for the hours not worked, up to a cap of £2,187.50 per month. 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.

What you need to do now

work out how much you can claim from the CJRS, and what you'll need to pay to top up to 80%, using our CJRS calculator and examples by searching 'Job Retention Scheme' on GOV‌‌.UK
submit any claims for July, no later than Monday‌‌ ‌16‌‌ ‌August
keep records supporting grants you claim, in case we need to check them
make sure you're paying CJRS-related employee tax and National Insurance contributions to HMRC, and contact us if you're struggling to pay.

2. Changes to the CJRS from this month

From 1‌‌ ‌August to 30‌‌ ‌September (when the scheme closes), the UK Government will pay 60% of employees' usual wages for hours not worked, up to a cap of £1,875. You'll need to continue to pay the difference, so that you 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.

3. Statutory Sick Pay Rebate Scheme

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