Sunak said firms will have to start paying national insurance and pension payments from August, following on from new part time working rules this month. To qualify, employees must be paid at least £520 a month on average in each month from November to January - the equivalent of the lower earnings limit in National Insurance. Changes from AugustFrom August 1, the Government will continue to pay 80% of wages up to a cap of £2,500, however firms will be told to make certain contributions. Employers will have to foot the bill for national insurance and pension payments – equivalent to around 5% per employee. Employers will have to pay national insurance contributions, pension contributions and 20% of wages to take the total to 80% (or £2,500).

Source: Daily Mirror July 11, 2020 06:00 UTC