The Chancellor during today’s COVID19 daily update (29 May 2020), stated changes to CJRS (aka Furlough Scheme) and #SEISS (Self Employed Income Support Scheme)

On CJRS the changes are,

☑️ 10th June – Cut off day to furlough any employees

☑️ July – Furloughed staff will be able to work part-time in their old roles

☑️ August – Government will pay 80% (Cap at £2,500) but not NI and Pensions

☑️ September – Government will only pay 70% (Cap at £2,190), No NI and Pensions

☑️October – Government will only pay 60% (Cap at £1,875) ,No NI and Pensions and scheme will end.

SEIS Scheme

☑️ extended for one final time but with 70% and capped at £6,570 (Previously 80% and £7,500), claim needs to be made in August.

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