As part of the UK Government’s 2021 Budget Announcement, Chancellor Rishi Sunak has announced that the Coronavirus Job Support Scheme has been extended to September for all businesses across the UK.
Employees will continue to receive 80% of their current salary for hours not worked. There will be no employer contributions beyond National Insurance contributions (NICs) and pensions required in April, May and June. From July, the government will introduce an employer contribution towards the cost of unworked hours of 10% in July, 20% in August and 20% in September, as the economy reopens.
For more information on the Coronavirus Job Retention Scheme, please see here.