The Coronavirus Job Retention Scheme (the furlough scheme) has been extended until 30 September 2021 and the level of grant available to employers under the scheme will change from 1 July 2021. Although the government will continue to pay 80% of furloughed employees’ salary for hours not worked, a new taper requiring employers to contribute 10% to wages is being introduced from 1 July, increasing to 20% from 1 August until 30 September
To be eligible for the grant, employers’ must continue to pay their furloughed employees 80% of their wages, up to a cap of £2,500 per month for the time they spend on furlough.