HMRC have published a policy paper explaining the eligibility requirements and what employers need to do to claim the Job Retention Bonus, i.e. a one-off payment to employers of £1,000 for every employee who they previously claimed for under the Coronavirus Job Retention Scheme (which ends on 31 October 2020) and who remains continuously employed through to 31 January 2021. Eligible employees must earn at least £520 a month on average between the 1 November 2020 and 31 January 2021 and must not be serving a contractual or statutory notice period, that started before 1 February 2021. Employers will be able to claim the Job Retention Bonus after they have filed PAYE for January and payments will be made to employers from February 2021. Employers can claim the Job Retention Bonus for all employees who meet the specified criteria, including office holders, company directors and agency workers, including those employed by umbrella companies. The criteria must be met regardless of the frequency of the employee’s pay periods, hours worked and rate of pay. Full guidance will be published by the end of September.
This provides summary information and comment on the subject areas covered. Where employment tribunal and appellate court cases are reported, the information does not set out all of the facts, the legal arguments presented and the judgments made in every aspect of the case. Employment law is subject to constant change either by statute or by interpretation by the courts. While every care has been taken in compiling this information, we cannot be held responsible for any errors or omissions. Specialist legal advice must be taken on any legal issues that may arise before embarking upon any formal course of action.
