From today (20th April) businesses are able to claim for 80% of employee’s wages plus any employer National Insurance and pension contributions, if they have put them on furlough because of coronavirus (COVID-19).
We are currently working through the claims for the clients for whom we prepare the payroll, we will be in touch with you if we need more information to process your claims.
HMRC have developed a calculator to work out the figures you’ll need when you complete an online claim through the scheme. It’s aimed at organisations with a small number of employees.
At the moment, it will work for most employees who are paid the same amount each pay period (for example, weekly or monthly).
The are working on an enhanced calculator to include more complex scenarios which they hope to release as soon as possible.
If you cannot use the HMRC calculator, work out what you can claim manually using the calculation guidance.