Job Retention Bonus : Further details available from HMRC

The Job Retention Bonus which was announced by Chancellor Rishi Sunak will mean that businesses could receive a one-off payment of £1,000 for every previously furloughed employee if they are still employed at the end of January next year.

A policy statement published by the HMRC provides further details and  includes information on, for example:

  • Which employers can claim
  • Employees who have been transferred under TUPE or due to changes in ownership
  • Which employees can  be claimed for
  • How to claim
  • What to do next

Further information at HMRC website

https://www.gov.uk/government/publications/job-retention-bonus/job-retention-bonus

 

 

Posted on: Monday 3rd August 2020