CJRS – From June 2020 till October 2020
June and July 2020:
Employers can claim 80% of wages up to a ceiling of £2,500 and associated Employer National Insurance and Employer Pension Contribution. Hence , there is no change for this period compare to previous claims.
August 2020:
Employers can only claim 80% of wages up to a limit of £2,500. Employers have to bear the burden of Employer National Insurance and Employer Pension Contribution.
September 2020:
Employers can claim 70% of wages up to a limit of £2,187.50. Employers have to pay Employer National Insurance and Employer Pension Contribution. The remaining 10% of wages has to be paid by the Employer in order to make up 80% total up to a limit of £2,500.
October 2020:
Employers can claim 60% of wages up to a cap of £1,875. Employers have to pay Employer National Insurance and Employer Pension Contribution. The remaining 20% of the wages has to be paid by the Employer in order to make up 80% total up to a cap of £2,500.
SEISS – Second Round
- Self-employed person can continue to apply for the SEISS Grant until 13th July 2020.
- SEISS Grant for the second round will be available to apply from August 2020, the exact date will be announced in due course.
- Second round will be for 70% of their average monthly taxable trading profits up to a three months’ cap of £6,570. It will cover the period from 1st June 2020 to 31st August 2020 and it will be paid in advance for all three months.
- The eligibility criteria will remain the same.
- It does not matter if Self-employed Individual did not claim the first SEISS grant by any reasons. They may be eligible for the second one.
