Coronavirus Job Retention Scheme

KEY INFORMATION

** This scheme ends on 31st October 2020 **

  • August: employers pay ER NICs and pension contributions

  • September: The government will pay up to 70% of salary up to £2,187.50. Employers will be expected to pay ER NICs and pension contributions and 10% of salary

  • October: The government will pay up to 60% of salary up to £1,875.00. Employers will be expected to pay ER NICs and pension contributions and 20% of salary

 

How to access the scheme

You will need to:

  • have employees who have created or started a payroll scheme on or before 19 March 

  • designate affected employees as ‘furloughed workers,’ and notify your employees of this change 

  • submit information to HMRC about the employees that have been furloughed and their earnings through the online portal

 

More information:

  • Flexible furloughing started from 1st July - employers may bring back staff on a part-time basis and these hours must be paid as normal by the employer and may not be included as part of the furlough claim​

  • The scheme went live on 20 April

  • Applicants access the system using their current government gateway login

  • Following the initial backdated claims, claims can be made no more than 14 days before payrolls are run but will be accepted for the different pay periods 

  • Tax agents who are authorised to act for PAYE matters will be able to file claims on behalf of their clients  

  • Employees can be full-time, part time, agency, flexible or zero hours

  • CJRS relief can be backdated to the 1 March, but will be limited to being backdated to the day the employee completely stopped undertaking duties of the employment post 1 March

Members of the ICAEW

Certified Partner of Receipt Bank

EBS Accountants Ltd is registered in England & Wales.
Registered company number: 3748728
Registered office address:

Mayden House, Long Bennington Business Park,

Main Road, Long Bennington, NG23 5DJ

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