UK government will pay 80% of wages for the hours furloughed employees do not work, up to a cap of £2,500.
You will need to pay all employer National Insurance Contributions (NICs) and pension contributions. You can choose to top up your furloughed employees’ wages beyond the 80% paid by the UK government for hours not worked, but you are not required to do so.
You can claim for employees who were employed on 30 October 2020, as long as you have made a PAYE RTI submission to HMRC between the 20 March 2020 and 30 October 2020.
Top up Grants
Chancellor Rishi Sunak announced one-off top up grants for closed retail, hospitality and leisure businesses in England during the third national lockdown:
- £4,000 for businesses with a rateable value of £15,000 or under;
- £6,000 for businesses with a rateable value between £15,000 and £51,000;
- £9,000 for businesses with a rateable value of over £51,000.
Grants are provided by Local Councils.
The Local Restrictions Support Grant (LRSG (Closed) Addendum) / Business Grants
Businesses required to close in England due to local or national restrictions will be eligible for the following grant for each 28 day period under national restrictions:
- For properties with a rateable value of £15k or under, grants to be £1,334 for each 28-day qualifying restrictions period;
- For properties with a rateable value of between £15k-£51k grants to be £2,000 for each 28-day qualifying restrictions period;
- For properties with a rateable value of £51k or over grants to be £3,000 for each 28-day qualifying restrictions period.
Your business may be eligible if it:
- is based in England
- occupies property on which it pays business rates (it is the ratepayer)
- has been required to close because of the national restrictions from 5 November to 2 December 2020
- has been unable to provide its usual in-person customer service from its premises
How to apply
Visit your Local Council’s website to find out how to apply HERE
