New guidance on £9 billion Job Retention Bonus

Further information has been published on how businesses can claim the UK government’s Job Retention Bonus.

  • the Job Retention Bonus, worth up to £9 billion is set to support millions of employers who have kept on furloughed workers
  • the bonus will work alongside newly announced Job Support Scheme and could be worth more than 60% of average wages of workers who have been furloughed – and are kept on until the start of February 2021
  • businesses can claim for the Bonus from 15 February until the end of March

Businesses can claim from 15 February until 31 March 2021. Find out if you’re eligible and what you need to do to claim.

Find out more here.