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These are the details for Capital Gold Payroll (4.08.03).
Version |
4.08.03 |
Released |
Aug 20 |
Summary |
This release includes functional improvements to cater for the new Coronavirus Job Retention Scheme calculations, effective 1 July 2020. |
CJRS has been subject to numerous changes; listed below are the latest changes and important dates for the scheme.
The last date to furlough an employee who has not been furloughed before is the 10 June. Newly furloughed employees must be furloughed on or before the 10 June, ensuring they meet the criteria of a minimum 3-week period by the 30 June.
There are exceptions to the rule that the last date to furlough an employee who has not been furloughed before is the 10 June. This relates to employees returning from extended leave of absence, such as maternity/paternity leave. However, this will only apply where they work for an employer who has previously furloughed employees. For further information, click here.
From 1 July, employers have the flexibility to bring previously furloughed employees back to work part time and can apply for a scheme grant to cover any of their normal hours they are still furloughed for. When making a claim, HMRC require the normal hours worked in a claim period, the actual hours worked in the claim period, and the furlough hours not worked in the claim period.
From 1 July, any future CJRS claims must be for calendar months only and cannot span different months, for instance 6 July – 5 August.
For both newly furloughed employees and those previously furloughed and claimed for, you have up until the 31 July to make a claim for any periods of furlough up until the 30 June.
Employers must start contributing for the wage costs of paying furloughed employees. From the 1 August, an employer cannot claim Employer’s NI or Employer’s pension contributions on any future furlough payments.
Employers must still pay furloughed employees 80% of their wage but can only reclaim 70%.
Employers must still pay furloughed employees 80% of their wage but can only reclaim 60%.
The scheme ends.
Below is a summary of the changes to government contributions, employer contributions and the amount the employee receives when they are 100% furloughed:
|
July |
August |
September |
October |
|---|---|---|---|---|
Government contributions: Employer NICs and pension contributions |
Yes |
No |
No |
No |
Government contributions: Wages |
80% up to £2,500 |
80% up to £2,500 |
70% up to £2,187.50 |
60% up to £1,875 |
Employer contributions: Employer NICs & Pension contributions |
No |
Yes |
Yes |
Yes |
Employer contributions: Wages |
- |
- |
10% up to £312.50 |
20% up to £625 |
Employee receives |
80% up to £2,500 |
80% up to £2,500 |
80% up to £2,500 |
80% up to £2,500 |
The functional improvements in this release will allow you to continue to pay furloughed staff 80% of their pay, using the furlough payments previously identified in the Company Options section. A furloughed employee must be paid 80% of their wages in September and October, even though the employer cannot claim all the 80% payment back. The release will automatically claim the reduced figure the employer is permitted to claim.
The release will also allow you to identify the rates/hours element used for flexibly furloughed employees being paid part-time hours. You must make the payments in hours because hours are part of the claim process and output file required by HMRC.
Flexibly furloughed employees are still considered furloughed i.e. they should have a Furlough Start Date.
The release will:
Stop you claiming across calendar month ends e.g. You cannot claim for 16 June to 15 July. You can claim for 16 to 30 June then make a separate claim in July.
Calculate the reclaim values accurately for July to October if you are not flexibly furloughing any employees.
Calculate the reclaim values accurately for July to October if you are flexibly furloughing employees and the period the employee is paid for does not cross a calendar month.
If you are flexibly furloughing employees and the period the employee is paid for crosses a calendar month, the software will not be able to calculate the reclaim values accurately for July to October. In this situation, please use the spreadsheet provided in this release to assist you in calculating the reclaim values.
For more detailed information regarding this release, please refer to the COVID-19 - Furlough Job Retention Scheme Changes and Important Dates.pdf and the accompanying Furlough Spreadsheet Guidance Notes.pdf guide.