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As anticipated, the HMRC Coronavirus Job Retention Scheme (JRS) portal went live on 20 April 2020. Under the JRS employers can reclaim 80% of workers’ wages, up to a maximum of £2,500 per worker, per month before tax from the government. There have been some teething problems with reports that the system crashed a number of times but that is not surprising given that 140,000 employers are reported to have submitted an application on the first day alone.
Several versions of JRS guidance have now been issued, there is still some confusion but the key updates are as follows:
Please click here to review guidance on information employers need to provide to HMRC to submit a claim under the Scheme.
Aisling’s previous article on the Job Retention Scheme can be found here.
This article has been produced for general information purposes and further advice should be sought from a professional advisor. Please contact our Employment team at Cleaver Fulton Rankin for further advice or information.