The government's Coronavirus Job Retention scheme was introduced during the first coronavirus lockdown to support businesses paying their employees' wages while on furlough.
With the easing of coronavirus restrictions and the rollout of vaccinations to most age groups, the government will soon end its furlough scheme and no longer contribute to paying employees' wages.
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The government's job retention scheme will end on September 30, as confirmed at the Spring Budget on March 3 this year.
Currently, the government contributes 60 per cent of wages for hours not worked which is capped at £1,875 - a decrease from 7 per cent capped at £2,187.50 in July.
Therefore, for hours not worked, the employee should receive 80 per cent of their wages for hours not worked which is capped at £2,500 per month.
September will be the last month of the government's furlough scheme, after that, the government will no longer aid employers in paying their employees for hours not worked.
No changes will be made to the conditions of the furlough scheme in September- they will be the same as August.
This means employees will still receive 80 per cent of their wages (capped at £2,500 for the month) for the hours they haven't worked.
