Coronavirus Update - CJRS Bonus - Are you eligible?

Back in the summer the Chancellor announced that employers could receive a one-off payment of £1,000 for every employee who had previously been furloughed under the Coronavirus Job Retention Scheme  provided they remained continuously employed to the end of January 2021.  Businesses will be able to claim the Job Retention Bonus from 15 February 2021 and the Government has stated that further guidance will be provided by the end of January 2021.

Below is a summary of key criteria to check whether you are eligible to claim:

  • The Job Retention Bonus is a £1,000 one-off taxable payment to the employer for each eligible employee that was furloughed and remained continuously employed until 31 January 2021.
  • The employee must not be serving their contractual or statutory notice period for you on 31 January 2021 (this includes people serving notice of retirement).
  • The minimum income threshold must be met, which means employers must have paid each affected employee a salary of at least £1,560 (gross) throughout the three tax months between 6 November 2020 and 5 February 2021 and paid at least one payment of taxable earnings in each tax month.
  • Before employers can claim the bonus, employers will to need to have reported all payments made to each affected employee between 6 November 2020 and 5 February 2021 to HMRC through the Full Payment Submissions via Real Time Information.

Employers will have until 31 March 2021 to make a Job Retention Bonus claim after which the scheme will close.

For full details of the Government guidance and whether you are eligible to claim – Read more.

CONTACT US

If you require advice on this or any other employment law related issue, please contact the Employment team at Downs Solicitors LLP.

More blog posts from this author

Coronavirus and Sick Pay

As new variants of the coronavirus are emerging and the pandemic continues, employees will continue to take sick leave due to testing positive for the coronavirus and/or being required to self-isolate.

Caring for your employee’s mental health

The WHO defines good mental health as: “a state of wellbeing in which every individual realises his or her own potential, can cope with the normal stress of life, can work productively and fruitfully and is able to make a contribution to his or her community.”

Millions of UK workers to receive increase in pay from April 2021

In April of each year, the Government increases statutory payments that are payable to workers and employees. 

More blog posts from this sector

The Spring Budget 2021: A Summary

As the UK eagerly tuned in to the most anticipated Budget for a generation, many were left wondering what the Chancellor’s traditional “rabbit out of a hat” might contain - especially as several big measures had been announced beforehand.

Uber Drivers are workers and not self-employed, Supreme Court rules

19 February 2021. The UK Supreme Court has issued its judgment in the highly anticipated case of Uber BV v Aslam, in which the key issue was the employment status of Uber drivers. The ruling reinforced the findings of earlier legal challenges (most recently the Court of Appeal in 2018), which found that Uber drivers are workers and not self-employed.

Coronavirus and Sick Pay

As new variants of the coronavirus are emerging and the pandemic continues, employees will continue to take sick leave due to testing positive for the coronavirus and/or being required to self-isolate.

Our Team

Meet all of the team at Downslaw


Cobham

15A High Street
Cobham
Surrey
KT11 3DH

T: 01932 589599
F: 01932 505087

DX: 46102 COBHAM

Dorking

156 High Street
Dorking
Surrey
RH4 1BQ

T: 01306 880110
F: 01306 471230

DX: 57300 DORKING

Godalming

The Tanners
75 Meadrow
Godalming
Surrey
GU7 3HS

T: 01483 861848
F: 01483 431965

DX: 58308 GODALMING 1