This calculator is designed for estimating monthly payroll claims only; it doesn’t support weekly payroll. Where monthly payroll spans two calendar months, two separate claims should be submitted.
For claims beginning between 1st January 2021 and 30th June 2021, the claim amount for the base wage is calculated at 80% of an employee's usual monthly wage. This is up to a maximum day rate of £80.65 in 31-day months, £83.34 in 30-day months and £89.29 in February.
For claims for pay periods starting on or after 1st July 2021, the claim amount for the base wage is calculated at 70% of an employee’s usual monthly wage for July and 60% for August and September. This is up to a maximum day rate of £80.65 in July and August (31-day months) and £83.34 in September (a 30-day month). The employer must then top up the amount paid to the employee, covering at least the remaining 10% or 20% so that the employee receives 80% of their wages for the hours that they are furloughed.
‘Start date for claim period’ is the first day of the period for which you’re calculating the furlough claim.
‘End date for claim period’ is the last day of the period for which you’re calculating the furlough claim.
As per HMRC’s guidance, public holidays and weekends are included in the calculation.
The employer pension contribution claim is calculated at 3% on earnings over the qualified earnings minimum, which is £520. Pension contributions can only be claimed for claim periods up to 31st July 2020.
Employer National Insurance Contributions (NICs) are calculated at 13.8% on earnings over the monthly threshold, which is £732. NICs can only be claimed for claim periods up to 31st July 2020.
*Disclaimer: We have made every attempt to make sure that the calculations are correct but FreeAgent Central Ltd cannot be held responsible for incorrect output from this calculator or for the outcome of any decisions you make as a result of using it. Full terms and conditions.
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