Claim for your employee’s wages through the Coronavirus Job Retention Scheme

Posted on: April 1, 2020

The Coronavirus Job Retention Scheme is a temporary scheme open to all UK employers for at least three months starting from 1 March 2020. It is designed to support employers whose operations have been severely affected by coronavirus (COVID-19).

Employers can use a portal to claim for 80% of furloughed employees’ (employees on a leave of absence) usual monthly wage costs, up to £2,500 a month, plus the associated Employer National Insurance contributions and minimum automatic enrolment employer pension contributions on that wage. Employers can use this scheme anytime during this period.

The scheme is open to all UK employers that had created and started a PAYE payroll scheme on 28 February 2020.

Read more about the scheme and how to apply on the government website.

Please note that the online service you’ll use to claim is not yet available, and will hopefully be operational by the end of April 2020.

Author: Steering Member
Posted:
Categories: News

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