Update for Coronavirus Job Retention Scheme
To ensure we are providing you with as much support and information regarding the Government’s Coronavirus initiatives, here are the latest updates regarding the Coronavirus Job Retention Scheme (CJRS) for furloughed employees.
Chancellor Rishi Sunak in yesterday’s briefing confirmed that all furloughed payments will be paid by the end of April, with all applications to be made online through a government portal, which is set to open on the 20th April.
Applications should be made by whoever operates your PAYE scheme, either yourself as the employer or the third party who does it on your behalf.
Under the scheme, the Government will pay back to the employer 80% of each furloughed employees salary, up to a maximum of £2,500 per employee, plus the National Insurance paid, as well as the minimum employer pension contribution paid (even if you pay a higher contribution).
Employees dismissed or made redundant since the 28th February can be rehired and placed on furlough. Claims can be backdated until the 1st of March in instances where employees have already been furloughed. A non-employee who comes within the definition of ‘worker’ in the Employment Rights Act 1996 also qualifies for the scheme, provided they are paid through PAYE.
To facilitate the claim, you will need:
- The number of employees that are being furloughed
- The names, National Insurance Numbers and Payroll/works number for the employees you want to furlough
- Your employer PAYE reference number
- Your Self Assessment Unique Taxpayer Reference or Corporation Tax Unique Taxpayer Reference or Company Registration Number
- The claim period (start and end date)
- Amount claimed (per the minimum length of furloughing of three consecutive weeks)
- Your bank account number and sort code
- Your contact name and phone number
- You will need to calculate the amount you are claiming
Special rules will apply for sick pay, maternity leave and staff on minimum wage.
If you need any support of further information regarding this, or any of the support packages available, get in touch with our team who would be happy to help.