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Online CJRS application portal opens for claims

20 April 2020

Companies wishing to claim for the government's Coronavirus Job Retention Scheme (CJRS) can now apply online.

HMRC has also published a guide to assist employers in their efforts to claim for workers' salaries.

More information on all aspects of the CJRS is available by clicking here.

The government has stated the scheme will cover up to 80% of workers' salaries placed on leave, or furloughed, up to a maximum of £2,500 per month per employee.

Having gone live this morning, the government has said that the online system can process up to 450,000 applications an hour.

Successful claimants should receive their funds within six working days of their applications.

Chancellor Rishi Sunak previously announced that the scheme will now continue until the end of June, an extension of one month on its initial period.

Companies are also able to apply for loans through two additional schemes to assist with difficulties caused by the Covid-19 outbreak.

However, despite thousands of companies applying for these, just 2% of SME applications had been successful, it was announced last week.

Efforts are continuing to speed up the process of applications by financial institutions following reports of difficulties experienced by businesses of all sizes.

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