Coronavirus Job Retention Scheme Calculator
A Calculator has been released by the Government to help you to calculate 80% of your employee’s wages, National Insurance contributions and Pension contributions.
The calculator is within links that we have posted previously on our Newsfeed, but you may find it useful to have a quick link available https://www.gov.uk/guidance/work-out-80-of-your-employees-wages-to-claim-through-the-coronavirus-job-retention-scheme#calc
The Government have also produced a set-by step guide which includes examples of calculating a claim https://www.gov.uk/government/publications/coronavirus-job-retention-scheme-step-by-step-guide-for-employers?utm_source=e0c0b00f-15ae-4443-a5ee-0a9ea0f9278d&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate
For full details of the scheme, please refer to https://www.h-m.co.uk/news/practice-news/support-for-businesses-through-the-coronavirus-job-retention-scheme/
Also follow Hammond McNulty on Linked In for further updates https://www.linkedin.com/company/accountants-congleton-cheshire