The Coronavirus Job Retention Scheme will close on 31 October 2020.
From 1 August 2020, the level of grant will be reduced each month
The table below shows Government contribution, required employer contribution and amount employee receives where the employee is furloughed 100% of the time.
Wage caps are proportional to the hours not worked.
July | August | September | October | |
Government contribution: employer NICs and pension contributions | Yes | No | No | No |
Government contribution: wages | 80% up to £2,500 | 80% up to £2,500 | 70% up to £2,187.50 | 60% up to £1,875 |
Employer contribution: employer NICs and pension contributions | No | Yes | Yes | Yes |
Employer contribution: wages | – | – | 10% up to £312.50 | 20% up to £625 |
Employee receives | 80% up to £2,500 per month | 80% up to £2,500 per month | 80% up to £2,500 per month | 80% up to £2,500 per month |