Essex Bookkeepers Recover Over £765,000 in Coronavirus Job Retention Scheme Funds for Clients

RAINHAM, U.K. - Sept. 15, 2020 - PRLog -- Office Assistants, a long-established Essex-based bookkeeping firm, first reported in May 2020 how they'd been working hard on behalf of their clients, claiming funds to help them keep operating throughout the coronavirus pandemic.

At the time, they had helped to claim around £225,000 in Coronavirus Job Retention Scheme (CJRS) support. The firm is now proud to say that this has now escalated to over £765,000, all vital funds that made it possible for clients to see their way through the challenging times that the year 2020 has presented.

Managing director Lynn Watson is full of praise for the CJRS, saying: "Thanks to the Government support courtesy of the Job Retention Scheme, many of our clients have now been able to return to business as usual. And, with the flexibility introduced to the scheme in July, others will be able to continue with part time furloughs that allow the choice to decide on hours and shift patterns to suit individual needs."

Director Paul Watson has also expressed his optimism about the Job Retention Bonus scheme, also introduced in July.

"The Job Retention Bonus consists of a one-off payment of £1,000 to employers that have used the Job Retention Scheme for each furloughed employee who remains continuously employed until 31 January 2021. It's going to help employers retain employees.

"Plus there's an incentive of £1,500 to take on out-of-work 16-24 year olds and place them in a high quality role for 6 months, as well as an apprentice incentive scheme whereby employers will receive £2,000 for every apprentice under 25 taken on, and £1,500 for over 25s. So there is at least something there to replace the JRS once it ends."

Businesses looking for assistance with all aspects of bookkeeping, payroll, VAT, cashflow planning and day to day limited company accounting are welcome to contact Office Assistants on 01708 524800 for a tailored quotation. For further information visit http://www.officeassistants.org/.