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Have furloughed staff due to cvirus. will claim back 80% from retention scheme.cannot afford to make up the 20% so will pay the 80%. How do I do this on quickbooks?

 
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QuickBooks Team

Have furloughed staff due to cvirus. will claim back 80% from retention scheme.cannot afford to make up the 20% so will pay the 80%. How do I do this on quickbooks?

Hi knoxscaffolding

 

You will have to create a new pay category/additional pay item relating to the 80% of the employees wages, this will be subject to PAYE, NI and pension, and submitted as normal, you will claim this back, inc employers ni and pension via the HMRC portal. If you are wanting to pay the reaming 20% of the employees wages, you are not required to, you would just include this as their normal pay category, reducing it by the 80%.

You would therefore be submitting one pay run but with two pay categories for each employee, unless you are just paying the 80% where you would zero out/not include their normal pay category in the pay run, 

We presume that you or HMRC would have to calculate the employers proportion of the NI etc relating to the 80% pay category.

 

https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme

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