{"id":709,"date":"2020-08-27T00:00:00","date_gmt":"2020-08-26T23:00:00","guid":{"rendered":"http:\/\/duffyregan.co.uk\/index.php\/2020\/08\/27\/claiming-the-job-retention-bonus\/"},"modified":"2020-08-27T00:00:00","modified_gmt":"2020-08-26T23:00:00","slug":"claiming-the-job-retention-bonus","status":"publish","type":"post","link":"http:\/\/duffyregan.co.uk\/index.php\/2020\/08\/27\/claiming-the-job-retention-bonus\/","title":{"rendered":"Claiming the Job Retention Bonus"},"content":{"rendered":"<p><strong>As readers will no doubt be aware the present Coronavirus Job Retention Scheme is due to cease at the end of October 2020. However, there is a bonus claim that certain employers can make next year if they retain employees beyond the present 31 October 2020 deadline.<\/strong><\/p>\n<p>The Job Retention Bonus (JRB) is subject to its own set of rules. These are copied in below from the GOV.UK website:<\/p>\n<p><strong>Job Retention Bonus<\/strong><\/p>\n<p>The Job Retention Bonus allows employers to claim a one-off payment of &pound;1,000 for every employee they have previously received a grant for under CJRS and who remains continuously employed through to the end of January 2021.<\/p>\n<p>To be eligible, the employee must have received earnings in November, December and January and must have been paid an average of at least &pound;520 per month, a total of at least &pound;1,560 across the three months.<\/p>\n<p>Employers will be able to claim the bonus after they have filed PAYE information for January 2021, and the bonus will be paid from February 2021.<\/p>\n<p>More detailed guidance, including how you can claim the bonus online, will be available by the end of September.<\/p>\n<p><strong>What employers need to do now<\/strong><\/p>\n<p>If employers intend to claim the Job Retention Bonus, they must:<\/p>\n<ul>\n<li>ensure all employee records are up to date<\/li>\n<li>accurately report employees&rsquo; details and wages on the Full Payment Submission (FPS) through the Real Time Information (RTI) reporting system<\/li>\n<li>make sure all CJRS claims have been accurately submitted and they have told us about any changes needed (for example if they&rsquo;ve received too much or too little).<\/li>\n<\/ul>\n<p>Readers who are still undecided on the position of staff when the present CJRS closes later this year will need to factor the JRB into their calculations.<\/p>\n<p>Planning for staff retention or lay-offs when government support ceases without a doubt exposes employers and employees to stressful choices. Pleas call if you want to discuss your options. We can help.<\/p>\n<!-- -->","protected":false},"excerpt":{"rendered":"<p>As readers will no doubt be aware the present Coronavirus Job Retention Scheme is due to cease at the end of October 2020. However, there is a bonus claim that certain employers can make next year if they retain employees beyond the present 31 October 2020 deadline. The Job Retention Bonus (JRB) is subject to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-709","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"_links":{"self":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=709"}],"version-history":[{"count":0,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/709\/revisions"}],"wp:attachment":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=709"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}