Coronavirus Job Retention Scheme: Difference between revisions
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imported>Doug Williamson (Add abbreviation.) |
imported>Doug Williamson (Update changes to scheme and closure date. Source: https://www.gov.uk/government/publications/changes-to-the-coronavirus-job-retention-scheme/changes-to-the-coronavirus-job-retention-scheme) |
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Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis. | Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis. | ||
The UK's HMRC (Her Majesty's Revenue & Customs) will reimburse | The UK's HMRC (Her Majesty's Revenue & Customs) will reimburse a percentage of relevant workers' wage costs, up to a cap of £2,500 per month. | ||
The scheme is due to close on 31 October 2020. | |||
Revision as of 13:28, 7 July 2020
COVID-19 - business continuity - UK.
(CJRS).
Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis.
The UK's HMRC (Her Majesty's Revenue & Customs) will reimburse a percentage of relevant workers' wage costs, up to a cap of £2,500 per month.
The scheme is due to close on 31 October 2020.
See also
- British Business Bank
- Business continuity plan
- Contingency plan
- COPD
- Coronavirus
- Coronavirus Business Interruption Loan Scheme
- COVID-19
- COVID-19 Corporate Financing Facility
- Disaster recovery planning
- Financial stability
- Furlough
- Her Majesty’s Revenue & Customs
- Liquidity management
- WFH
