What is it?
Companies will receive a £1,000 bonus for each furloughed employee who is still employed as of 31 January 2021.
Who is it for?
UK Employers that furloughed staff due to COVID-19.
You can claim for any employees you have furloughed if you have:
- furloughed that employee for at least 3 consecutive weeks between 1 March and 30 June 2020
- a UK PAYE scheme started on or before 19 March 2020
- enrolled for PAYE online
- submitted a report under the Real Time Information (RTI) reporting system for that employee on or before 19 March 2020
- a UK bank account
How does it work?
UK Employers will receive a one-off bonus of £1,000 for each furloughed employee who is still employed as of 31 January 2021. Details on how to apply for this scheme will become available.
What should I do next?
Critchleys Clients: If you have specific questions, please contact your Critchleys Accountant directly.
First Published 9 July 2020
Last Updated 9 July 2020
9 July 2020