CORONA VIRUS/COVID-19 – Apply for Grants for the Job Retention Scheme from 20 April 2020
HMRC has advised that businesses and their advisers can apply for grants when the Coronavirus Job Retention Scheme (CJRS) is launched on 20 April 2020.
The launch date announcement was provided by HMRC Chief Executive, Jim Harra on 8 April 2020 when he gave evidence to the Treasury Select
Committee. Mr Harra told the committee that HMRC aims to start payments of the grant to employers on 30 April 2020.
Applications will need to be made online. It will not be possible to make claims by telephone. We do not yet know whether separate provision will be made for those agents and businesses who are digitally excluded.
The CJRS will allow employers to claim 80% of the wages of their staff (up to a maximum of £2,500 per employee) who have been furloughed. Tax Agents who are authorised to act on behalf of clients for PAYE matters, will be able to claim.
Further information is available regarding the Coronavirus Job Retention Scheme (CJRS) in other news articles on our blog.