Coronavirus Job Retention Scheme set to launch on 20 April

The government's Coronavirus Job Retention Scheme will launch on 20 April, according to HMRC.

Call 01922 628437 or email info@siaandco.co.uk

The government's Coronavirus Job Retention Scheme will launch on 20 April, according to HMRC.

The authority has informed tax agents of the launch date and requested their help during the application process.

Under the Coronavirus Job Retention Scheme, businesses are able to apply for government grants for employees' salaries up to the lower of 80% of an employee's regular wage, or £2,500 per month for three months from 1 March.

The scheme could run for longer if the social restrictions to help halt the coronavirus (COVID-19) pandemic remain in place.

In a note to agents, Jim Harra, CEO of HMRC, wrote: 'HMRC have been called on by the Chancellor to urgently direct financial support to where our citizens and businesses need it most. The first wave of this is the launch of the Coronavirus Job Retention Scheme.

'We need your help in this important work. Your influence and your reach across the business sector are instrumental in helping us ensure employers know what they can do to get ready to make their claim. Claims should not be made by phone, it will be an online service.'

Further details on the Coronavirus Job Retention Scheme can be found here.

For more information about S I Ahmed & Co. Certified Public Accountants, Chartered Payroll Professionals, Tax and Business Advisors, please contact us.

AIA - The Assoication of international accountants AAT - The Association of Accounting Technicians CPAA - Certified Public Accounants Assoication CIPP - The chartered institute of payroll professionals intuit - Certified ProAdvisor Quickbooks - Certified ProAdvisor
About our team

Established since 1999, S I Ahmed & Co is a friendly, pro-active and growing firm of Accountants based in Walsall, providing a comprehensive range of accountancy, book-keeping, payroll, auditing and taxation services at competitive rates throughout the region.

Learn more

Latest news
Contact Details

Please call:
01922 628437

S I Ahmed & Co, 238 Wednesbury Road, Walsall, West Midlands WS2 9QN

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy Policy | Help |

© 2020 S I Ahmed & Co. All rights reserved. powered by totalSOLUTION
Registered Office: 238 Wednesbury Road, Walsall, West Midlands WS2 9QN

We use cookies on this website, you can find more information about cookies here.