Added on: 22nd April, 2020 by O1
The government's furlough scheme, designed to keep staff on the payroll despite not working due to coronavirus, went live on Monday 20th April. Under the Coronavirus Job Retention Scheme, the government will cover 80% of workers' wages, up to £2,500 a month, if they are put on leave.
More than 285,000 businesses have already applied for the Coronavirus Job Retention Scheme since it went live.
To be sure payment comes through to you before the end of the month, you will need to apply today (Wednesday 22 April).
HMRC have issued the following update:
Accessing the system
Some people have had difficulty accessing the system because they do not have an active PAYE enrolment. In order to make claim you will need to:
• have a Government Gateway (GG) ID and password – if you don’t already have a GG account, you can apply here, or by going to GOV.UK and searching for 'HMRC services: sign in or register'
• be enrolled for PAYE online – if you aren’t registered yet, you can do so now, or by going to GOV.UK and searching for 'PAYE Online for employers'.
Coronavirus Job Retention Scheme Calculator
The online calculator tool is being updated this afternoon, so that it covers more employment circumstances. The update will mean that you can use it to work out what you can claim for most employees who are paid variable amounts each pay period, as well as those who are paid fixed amounts.
If you have already made a claim
Please retain all records and calculations for your claims, in case HMRC need to contact you about them. Provided your claim is made in accordance with HMRC’s published guidance, you can expect to receive the funds six working days after your application.
Please do not contact HMRC before this time.
HMRC will check claims made through the scheme and will act to protect public money against anyone who makes a claim using dishonest or fraudulent information.
HMRC continue to be busy supporting customers at this time, so ask that you only call them if you can’t find what you need on GOV.UK or through the webchat service – this will leave lines open for those who need help most.
Businesses are reminded to also protect your own credentials from potential scammers and opportunist criminal activity.