We are continuing to research information in regards to the Job Retention Scheme and we are going to keep you as up to date as possible. Further details we know are as follows:
- Claims will be based on wages that were submitted in February 2020.
- If you have already laid staff off and would like to take advantage of the scheme, you will need to ring/email their normal hours in when you give us your payroll to qualify. HMRC will then rebate the 80% once they finalise their portal. If you cannot afford to pay your staff the money immediately, then you may have to talk with your employees to arrange paying them once you receive the rebate.
- If your staff work weekly, please call us with the hours (based on the week in February that best reflect their normal pay). You will need to highlight to us which staff are not working and fall under this scheme so we can make notes for the claims.
- You have the option to either pay staff only 80% of their normal wage at zero cost to the business, or you can top them up to 100% but this extra 20% is not rebated to you, please also let us know which method you are using.
- We are unsure at the moment if staff that started their employment in March 2020 will be covered by the scheme so we will monitor this and keep you up to date. If you do want to pay them through this period then we would recommend still ringing their hours in, however we can not currently guarantee that you will be rebated.
Once we find out information in further detail clarify unclear points then we will update you as soon as possible.
Finally, we just wanted to let you know that we will be completing the rebate claims free of charge for our clients.