FURLOUGH GRANT REDUCES TO 70% FOR JULY - Makesworth Accountants

FURLOUGH GRANT REDUCES TO 70% FOR JULY

For the month of‌‌ July, the CJRS Furlough grant support from the government via HMRC reduces to 70% of the employee’s usual pay for hours not worked.

FURLOUGH GRANT REDUCES TO 70% FOR JULY

Furlough grant reduces to 70% for July

For the month of‌‌ July, the CJRS Furlough grant support from the government via HMRC reduces to 70% of the employee’s usual pay for hours not worked. This is despite the fact that “Freedom Day” in England has been delayed four weeks to 19 July 2021, and is now called “Terminus Day”. The government support to employers will then reduce to 60% in August and September.

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