The JRB was announced as part of the Chancellor’s Plan for Jobs. The JRB allows employers to claim a one-off payment of £1,000 for every eligible employee they have furloughed and claimed for through the Coronavirus Job Retention Scheme (CJRS) and kept continuously employed until at least 31 January 2021. Employers do not have to pay this money to their employee.
The guidance published today further sets out details of employees who can be claimed for and specific cases such as employees who have been transferred under TUPE and claiming for individuals who are not employees.
The guidance also sets the timeline for when the bonus can be claimed. Employers will be able to claim the bonus from 15 February until 31 March, after they submit PAYE information for the period to 5 February 2021.
Finally, the guidance sets out some technical examples regarding how the minimum income threshold criteria works in practice when determining eligibility for the JRB.
For more information, the full guidance can be found at https://www.gov.uk/guidance/check-if-you-can-claim-the-job-retention-bonus-from-15-february-2021
Coronavirus Job Retention Scheme
Updated CJRS guidance details how the scheme closes on 31 October and employers will need to make final claims on or before 30 November. They will not be able to submit or add to any claims after this date.
For more information, the full updated guidance can be found at https://www.gov.uk/guidance/claim-for-wages-through-the-coronavirus-job-retention-scheme