First leave payments begin to hit corporate bank accounts – The Sun

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The first vacation payments have started hitting the accounts of grateful employers to pass on to staff.

Under the government’s coronavirus retention program, cash-strapped employers can apply for grants to pay staff who are unable to do their jobs due to the coronavirus lockout.

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    Employers say first vacation payments have started to arrive
Employers say first vacation payments have started to arriveCredit: Alamy

They can get 80% of workers’ wages up to a maximum of £ 2,500 per month.

Employers can dismiss anyone they employ, provided that they are on the payroll by March 19 and that the HMRC has been informed of the payment through the RTI system.

The online portal for employers opened on Monday April 20, although payments may be backdated to March 1.

At the time, HMRC said that the first payments would be made to businesses within six working days, which will take you until tomorrow, April 28.

    People reported receiving leave pay on social media this morning
People reported receiving leave pay on social media this morning

But some said the payments were made today and Friday.

HMRC has confirmed to the Sun that some payments have already been made, although it cannot tell us how many payments have been made and how much they are worth.

One person tweeted, “Additional money was deposited into my business account this morning. I hope everyone starts to filter theirs. “

Someone else added, “I was paid my vacation money on Friday. Thank God! “

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Another wrote, “Additional money has now been deposited into our corporate account. This should see us continue to support our staff and our business. Thank you. #Newnormal »

When someone else said, “The leave request has been paid for today. “

According to the HMRC, millions of people across the UK are expected to benefit from this program, with companies such as Brewdog, Pret a Manger and Timpsons using it to ensure that staff keep their jobs and are paid while many businesses and other non-core businesses remain closed.

However, some business owners, including Victoria Beckham, Richard Branson and Sir Philip Green, have been criticized for using taxpayers’ money to pay wages instead of diving into their own pockets.

Also, while employers have started getting money, that doesn’t mean they will pass it on to employees instantly – you need to contact your boss or human resources to find out when your wages are due.

Consult our questions and answers on leave to learn more about how the plan works and our guide on what to do if your employer refuses to put you on leave.

Chancellor Rishi Sunak says coronavirus leave payments should start in late April



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