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 for pay periods starting before 1st November 2020, the claim amount for the base wage is calculated at 80% of an employee’s usual monthly wage for July and August, 70% for September and 60% for October. This is up to a maximum day rate of £80.65 in July, August and October (31-day months), and £83.34 in September (30-day month).
For claims beginning after 1st November 2020, 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.
‘Start date for claim period’ is the first day of the period for which you’re calculating your furlough claim.
‘End date for claim period’ is the last day of the period for which you’re calculating your furlough claim.
Following 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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