Government issues new guidance on the job retention bonus

Updated: Oct 13, 2020

Employers will be able to apply for the Job Retention Bonus (JRB) between 15 February 2021 and 31 March 2021.

This one-off taxable payment to employers offers £1,000 for each eligible employee that was furloughed and kept continuously employed until 31 January 2021.

Any employer can submit a claim, as long as they have furloughed employees and made an eligible claim for them through the Coronavirus Job Retention Scheme (CJRS).

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Mitchell & Co

Chartered Accountants