Coronavirus Job Retention Scheme guidance updates
15 June 2020
The eagerly anticipated HMRC guidance relating to how the Coronavirus Job Retention Scheme will operate from July 2020 – October 2020 was released on 12 June 2020.
There is a collection page which lists the various different guidance pages available, and is a good starting place for any employers seeking information on the changes to the scheme.
Eligibility for the scheme
Check if you can claim for your employees’ wages through the Coronavirus Job Retention Scheme
This is the page that employers can use to establish if they’re eligible for the scheme, and how much they can claim for employees who are on furlough due to coronavirus.
Check which employees you can put on furlough to use the Coronavirus Job Retention Scheme
Here, employers can find out which employees they are able to place on furlough, and make a claim in relation to, via the Coronavirus Job Retention Scheme.
Establishing how much can be claimed
Steps to take before calculating your claim using the Coronavirus Job Retention Scheme
This page will assist employers in deciding upon the length of a claim period, determining what to include when calculating wages and establishing what the employee’s usual and furloughed hours are prior to calculating how much to claim.
Calculate how much you can claim using the Coronavirus Job Retention Scheme
This will help employers to calculate how much they are required to pay furloughed employees for hours on furlough, and what they can claim back, and how much can be claimed for employer National Insurance contributions and pension contributions.
Find examples to help you calculate your employees’ wages
There are various illustrative examples on this guidance page to help employers with calculating their employee’s wages, National Insurance contributions and pension contributions when claiming through the Coronavirus Job Retention Scheme.
Claiming and reporting earnings
Claim for wages through the Coronavirus Job Retention Scheme
This guidance assists employers in claiming for 80% of employee wages, plus any employer National Insurance and pension contributions, where they have been placed on furlough.
Reporting employees’ wages to HMRC, when you’ve claimed through the Coronavirus Job Retention Scheme
Employers can find out how and when to report employees’ wages to HMRC using the PAYE Real Time Information system.
Changes to the scheme from 1 July 2020
Changes to the Coronavirus Job Retention Scheme
This policy paper gives an overview of the changes to the Coronavirus Job Retention Scheme, from 1 July 2020 to its closure on 31 October 2020.
It includes the following useful table:
|
|
July |
August |
September |
October |
|
Government contribution: employer NICs and pension contributions |
Yes |
No |
No |
No |
|
Government contribution: wages |
80% up to £2,500 |
80% up to £2,500 |
70% up to £2,187.50 |
60% up to £1,875 |
|
Employer contribution: employer NICs and pension contributions |
No |
Yes |
Yes |
Yes |
|
Employer contribution: wages |
- |
- |
10% up to £312.50 |
20% up to £625 |
|
Employee receives |
80% up to £2,500 per month |
80% up to £2,500 per month |
80% up to £2,500 per month |
80% up to £2,500 per month |
The information in this article is accurate at the time of publication. For all the latest information, news and resources on how the COVID-19 pandemic is affecting payroll professions, visit our Coronavirus hub.