Furlough Scheme Winding Down
The government’s Coronavirus Job Retention Scheme (CJRS) begins winding down from 1 July 2021. From this date, the level of grant will be reduced and employers will be asked to contribute towards the cost of any furloughed employees’ wages. To be eligible for the grant you must continue to pay your furloughed employees 80% of their wages, up to a cap of £2,500 per month for the time they spend on furlough.
For more information visit Changes to the Coronavirus Job Retention Scheme from July 2021 (www.gov.uk)