[UPDATED FEBRUARY 2021] The Coronavirus Job Retention Scheme is being extended until 30 April 2021.
As a result of the ongoing pandemic, the Government’s response has been to extend the furlough scheme at the original 80% level. For now we know this will extend through to the end of April 2021.
From 1st November 2020 you can claim 80% of an employee’s usual salary for hours not worked, up to a maximum of £2,500 per month. You can claim for employees who were employed on 30th October 2020, as long as you have made a PAYE RTI submission to HMRC between the 20th March 2020 and 30th October 2020, notifying a payment of earnings for that employee. You do not need to have previously claimed for an employee before the 30 October 2020 to claim for periods from 1 November 2020.
There is no maximum number of employees you can claim for from 1st November 2020.
All claims for periods from 1st July 2020 through to 31st October 2020 must be submitted by no later than 30th November 2020.
Claims from 1st November 2020 must be submitted by 11.59pm 14-calendar days after the month you’re claiming for. If this time falls on the weekend or a bank holiday then claims should be submitted on the next working day.
|Claim for furlough days in||Claim must be submitted by|
|November 2020||14 December 2020|
|December 2020||14 January 2021|
|January 2021||15 February 2021|
|February 2021||15 March 2021|
|March 2021||14 April 2021|
|April 2021||14 May 2021|
At Taxfile, we can calculate furlough payments for your staff and ensure that all your submissions are done on time. If you need to outsource the payroll for your business, then you can call us on 020 8761 8000.