HMRC Update: Coronavirus Job Retention Scheme

Wages for furloughed employees are now being paid six working days after claims opened e.g. payments for claims made on Monday 20 April were paid into employers' bank accounts by 28 April.

If you have already made a claim

Do not worry if you have not received payment yet – it takes six working days from when you claimed. Please do not call HMRC to chase payment as they will not be able to update you before the six working days have ended.

You do not need to do anything to receive payment. It will automatically be sent to the bank account you nominated in your claim.

Please retain all records and calculations for your claims in case HMRC need to contact you about them in future, as they continue to check claims made through the scheme.

If you have not yet made a claim

You can still claim online for a grant for 80% of your furloughed employees' salaries, up to a maximum of £2,500 per employee, per month. You will receive the funds six working days after you claim, provided your claim matches records that HMRC hold for your PAYE scheme.

Please read all the available guidance before you apply. To find this see: https://www.gov.uk/guidance/claim-for-wages-through-the-coronavirus-job-retention-scheme

Please continue to keep your furloughed employees informed and ask them not to contact HMRC directly – They will not be able to provide them with any information.

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