Job retention scheme opens for business
Today, Britain's unprecedented Coronavirus Job Retention Scheme has opened for applications – one of the most generous schemes in the world which will help to protect millions of jobs across the country.
- The Government is stepping in and helping pay people’s wages, paying grants to support as many jobs as necessary.
- The job retention scheme allows employers to claim for a cash grant of up to 80 per cent of a furloughed employee's wages, up to £2,500 a month.
- The scheme is now up and running and is expected to benefit millions of people across the country.
- HMRC’s easy-to-use portal has a step by step application process, and up to 5,000 staff will be manning phone lines and webchat services to ensure any questions can be answered.
- This scheme is one of the most generous in the world and we will ensure people get the support they need to do the right thing: to stay at home, protect our NHS, save lives.
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