🙄Kinda feels like repeat, repeat, repeat… Banging on about furlough again…. BUTDid you know that in the Budget 2021 there was a sparkly bit added to furlough?
Here goes…… For claim periods from 1st May onwards, employees who were employed on
💥2nd MARCH 2021 can now be furloughed? (The latest was previously 30th October)
They just HAVE to have been on a Real Time Information (RTI) submission between 20th March 2020 and the 2nd March 2021…
Pretty good huh?
Don’t forget the claim amounts are changing too, to get us ready for when furlough is no more ….
70% claim for JULY
60% claim for AUGUST and SEPTEMBER
With employers expected to make wages up to at least 80%
Accounting tips – always looking for the bits and bobs to help
Stay safe everyone