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£2500 or 80% of £2500 ?

"Clarification" from HMRC

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I got this in an email from HMRC an hour ago.

"Page summary
The Government’s Coronavirus Job Retention Scheme went live today, with businesses able to claim up to £2,500 a month towards staff wages."

|I thought this was the case until last Friday's guidance,  Then I thought it was 80% of £2500.  Now I think it's £2500 again.

Does anyone have any other thoughts ?

I'm not sure why HMRC can't make unambiguous statements on both this and on the question of whether disclaiming Employment Allowance is an acceptable course of action.

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By rob winder
21st Apr 2020 09:39

My understanding is that its a maximum of £2500, not 80% of £2500. On top of that you can claim the associated NI and auto enrolment pension costs

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Replying to rob winder:
By Truthsayer
21st Apr 2020 11:18

That's right. If you look at the wording of the booklet, it confirms this:

I've just noticed this version is updated from an earlier edition, which said the opposite at the start of Step 3! It seems HMRC themselves have only just decided on what it means! However, in both editions the worked example uses a £2,500 limit, not an 80%-of-£2,500 limit, so it must have been the intention all along that it be interpreted that way.

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