Extension to the Coronavirus Job Retention Scheme

An update to the job retention scheme has been issued regarding it’s continuation through to March 2021.

What’s new in the support available: 

• From 1 November, the UK Government will pay 80% of employees’ usual wages for the hours not worked, up to a cap of £2,500 per month. The UK Government will review the policy in January.
• Employers and their employees do not need to have used the scheme before to claim for periods from 1 November. 
• HMRC intend to publish details of employers who use the scheme for claim periods from December, and employees will be able to find out if their employer has claimed for them under the scheme.
• There are now monthly deadlines for claims. Claims for period on/after 1 November must be submitted within 14 calendar days after the month they relate to, unless this falls on a weekend in which case the deadline is the next weekday. 

For further details go to GOV.UK and search ‘Claim for wages through the Coronavirus Job Retention Scheme’.

If you have any queries please contact us at payroll@wmcca.co.uk and we will get back to you as soon as possible.