Coronavirus: Final Days to Enroll Employees on Furlough Scheme

The deadline for employers to put staff on the Coronavirus Job Retention Scheme (furlough) is fast approaching.

Register employees for furlough here.

As announced last month, the new version of the scheme will take place on July 1. To be eligible for the new scheme, employees must have been registered for the previous scheme for a minimum of three weeks. Consequently, the last day for employees to be on the current scheme is June 10.

The new scheme will continue the current arrangements of furlough for the month of July - namely the government at an 80% rate up to £2.5k.

Then, from August 1, employers will be asked to pay the National Insurance and Pension Contributions (accounting for roughly 5% of wages) for furloughed employees.

From September, the government will pay 70% of wages, asking employers to contribute 10%, still meaning employees get 80% of their pre-furlough salaries.

From October the government will pay 60%, with employers paying 20%.

The scheme will then end in October 31.

Also, from July 1, employers will be able to bring back staff on a part-time basis, with employers paying wages of the time the employee is working, and the furlough scheme will be in force for the time the employee is not working.

HMRC have issued the following table for reference