Government Coronavirus Job Retention Scheme - Urban Exposure

Government Coronavirus Job Retention Scheme

Home / Resource Centre / Government Coronavirus Job Retention Scheme
April 6, 2020 | Government Aid Programmes

Government Coronavirus Job Retention Scheme

The Coronavirus Job Retention Scheme was created to help UK employers who operate a PAYE scheme to retain their staff through ‘furloughing’ which allows the employer to place the employee on a temporary leave of absence and pay part of their employees salary instead of making them redundant as result of the current environment. The scheme enables HMRC to reimburse 80% of the employees wages up to £2,500 per month and can be backdated to 1 March 2020 and is initially open for 3 months with a view of extending as result of evolving circumstances.

We have included links to Government guidance below which you may find helpful:

HM Government | Business Support: Coronavirus Job Retention Scheme

HM Revenue & Customs | Guidance: Claim for your employees’ wages through the Coronavirus Job Retention Scheme