Job Retention Bonus
HMRC have issued some further guidance regarding the Job Retention Bonus.
The Job Retention Bonus is a £1,000 one-off taxable payment to you (the employer), for each eligible employee that you furloughed and kept continuously employed until 31 January 2021.
You’ll be able to claim the bonus between 15 February 2021 and 31 March 2021. You do not have to pay this money to your employee.
Please see https://www.gov.uk/guidance/check-if-you-can-claim-the-job-retention-bonus-from-15-february-2021 for further details.
