Claim online now – Coronavirus Job Retention Scheme

Claim online now – Coronavirus Job Retention Scheme

CJRS calculator and latest guidance from HMRC

20 April: As the Coronavirus Job Retention Scheme (CJRS) opens, HMRC launches its calculator tool to help businesses work out how much they can apply for.

Ahead of the CJRS portal opening today, HMRC launched its calculator tool to help firms identify the level of grant they are entitled too through the scheme.

HMRC confirms the calculator is aimed at organisations with a ‘small number of employees’ and will help them to work out the figures they will need to complete an online CJRS.

The calculator comes three days after HMRC issued a wave of guidance. Alongside updates to its key guidance for employers and employees, HMRC published specific information to help employers work out how much they could claim and a downloadable step-by-step guide that outlines: what to consider before making a claim, how to calculate a claim, how to make a claim and what to do afterwards.

HMRC guidance for employers:

HMRC guidance for employees

If you have concerns or questions, please contact us on 01932 830664 or through your usual client partner contact. As further details are announced, we will keep you informed.

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About the author

Richard Hayward is a WardWilliams partner who advise clients of the latest rules and regulations.