Work out 80% of your employees' wages to claim through the Coronavirus Job Retention Scheme

Fri, 04/17/2020 - 16:27 | billie@innov8gd.com

Use this link to see the guide and calculate 80% of your furloughed employee’s wages, employers National Insurance and employee’s pension contributions.

Be ready for the HMRC portal going ‘live’ on Monday 20th April  

This is a temporary scheme will be in place for 4 months starting from 1 March 2020 to 30thJune,  but it may be extended if necessary and employers can use this scheme anytime during this period. It is designed to help employers whose operations have been severely affected by coronavirus (COVID-19) to retain their employees and protect the UK economy. However, all employers are eligible to claim under the scheme and the government recognises different businesses will face different impacts from coronavirus.

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