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Get the free Coronavirus Job Retention Scheme (CJRS) - ICAEW.com

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COVID-19 Scottish Business Support Summary Correct as of 14:00, 20th August 2020 Name of Scheme Coronavirus Job Retention Scheme (CARS)What does it do? Who and what is eligible? How can it be accessed?
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How to fill out coronavirus job retention scheme

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How to fill out coronavirus job retention scheme

01
Calculate employee wages for furloughed employees
02
Submit the information to HMRC using the online portal
03
Receive grants for 80% of furloughed employees' wages, up to a cap of £2,500 per month

Who needs coronavirus job retention scheme?

01
Employers who have furloughed employees due to the impact of coronavirus
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The Coronavirus Job Retention Scheme is a UK government initiative that allows employers to furlough employees and claim a grant from the government to cover a portion of their wages.
Employers who have furloughed employees and are seeking to claim a grant from the government to cover a portion of their wages are required to file the Coronavirus Job Retention Scheme.
Employers can fill out the Coronavirus Job Retention Scheme online through the HMRC portal by providing information about the furloughed employees and the amount of grant they are claiming.
The purpose of the Coronavirus Job Retention Scheme is to prevent job losses during the COVID-19 pandemic by providing financial support to employers to retain their employees.
Employers must report information such as the number of furloughed employees, their wages, and the amount of grant they are claiming on the Coronavirus Job Retention Scheme.
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