Coronavirus Job Retention Scheme Payments

 

Wages for furloughed employees are now being paid through the Coronavirus Job Retention Scheme, just six working days after claims opened.

 

Payments for claims made on Monday 20 April will be in employers’ bank accounts by tomorrow (28 April).

 

 

It takes six working days from when you claimed for payment to arrive. You don’t need to do anything to receive payment as it will automatically be sent to the bank account you nominated in your claim.

 

You can still claim online for a grant for 80% of your furloughed employees’ salaries, up to a maximum of £2,500 per employee, per month. You will receive the funds six working days after you claim, provided your claim matches records that HMRC hold for your PAYE scheme.

 

Read all the available guidance before you apply, by going to https://www.gov.uk/coronavirus/business-support