When the recent changes to the Coronavirus Job Retention Scheme, including the introduction of flexible furloughing from 1 July, were announced, HRMC stated that the existing online calculator could only be used for claims ending on or before 30 June. This has now been extended to 31 August.
HMRC has now updated its online calculator and it’s back up and running for you to use for claim periods up to 31 August. For more information and to use the online calculator, see here
Like before, the online calculator can be used for most employees who are paid either regular or variable amounts each pay period, e.g. weekly or monthly.
Note
If you’re claiming for an employee who is flexibly furloughed, you will need to work out their usual hours before you use the calculator. You can do this here.
This article has been reproduced by kind permission of Indicator – FL Memo Ltd. For details of their tax-saving products please visit www.indicator-flm.co.uk or call 01233 653500.