HR Support: Coronavirus Job Retention Scheme is LIVE!

The Government furlough workers scheme is LIVE from today.  There is a calculator for workers who receive a regular monthly salary.  There are step by step questions, you just need to be ready and prepared with your calculations before logging on to the scheme as you can be timed out after 30 minutes.  The online scheme is very self-explanatory, provided you make sure you have all the information you require to avoid being timed out.

General information about the scheme:

  • To be eligible for CJRS an employer must agree with the employee that they are a ‘furloughed worker’.
  • Employees must be notified that they have been furloughed in writing.
  • Employees must be furloughed for a minimum of three weeks.
  • The employee cannot do any work for the employer that has furloughed them.
  • A separate claim is needed for each PAYE scheme.
  • You can only claim for furloughed employees that were on your PAYE payroll on or before 19 March 2020.
  • An RTI submission notifying payment in respect of that employee to HMRC must have been made on or before 19 March 2020.

Information you need before registering for the scheme:

  • You need to know dates of when your previous payroll was completed and when your next payroll is to be completed.
  • The dates employees have been furloughed to and from.
  • You need the employees full names.
  • You need the payroll number for each employee (optional).
  • You need to have all the calculations of all the furloughed workers that you are claiming; 80% of wages up to a maximum of £2,500 per month per furloughed employee.
  • You need to have the amounts for National Insurance contributions that you are claiming.  If you are eligible for the Employment Allowance, you should not claim any employer National Insurance contributions costs for furloughed employees in that pay period. Further detailed information visit the Government website www.gov.uk/coronavirus
  • You will need National Insurance numbers for each employee.
  • You must have a UK bank account, and the address that the account is linked to.
  • Your organisation’s registered name.
  • You need your Corporation Unique Tax Payer Reference number.
  • You need to know dates of when your previous payroll was completed and when your next payroll is to be completed.

Be ready and have all the information required to avoid any issues as you may have to re-submit the claim from the start if you are timed out.

Good-luck everyone!

As always we are here to support you, if you need any assistance, please contact us at info@mbo.ltd