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Upcoming key dates for the Coronavirus Job Retention Scheme
In the next few weeks, employers may need to submit additional information or change the way they manage their Coronavirus Job Retention Scheme (CJRS) claims. To help you prepare, here are some key dates and actions you may need to take:
31 July 2020 – Submit your CJRS claim for periods ending on or before 30 June 2020. This is the last date you can make these claims. You need to have claimed at any point on or before 31 July to be able to claim for future months.
1 August 2020 – The CJRS will no longer pay for employers’ National Insurance (NI) and pensions contributions for furloughed employees. Employers have to make these payments from their own resources after this date.
1 September 2020 – Employers will have to start contributing to the wages of furloughed employees. Grants will be for 70 per cent of usual wages in September, but furloughed employees will continue to be entitled to receive at least 80 per cent of their usual wages and so employers are expected to make up the difference from their own resources.
Employers that are struggling to administer the changes to the CJRS should seek professional support to ensure they are compliant as HM Revenue & Customs is taking a tough, proactive approach to errors and fraudulent claims.