Coronavirus Job Retention Scheme – FAQs

Print Friendly, PDF & Email

Coronavirus Job Retention Scheme – FAQs

On 20 March 2020 the Chancellor of the Exchequer, Rishi Sunak, announced an unprecedented support package to support UK businesses and employees suffering from the economic effects of COVID-19. The most significant revelation was undoubtably the introduction of the Coronavirus Job Retention Scheme which created the new employment status of ‘furloughed worker’ and promises to reimburse employers for a proportion of that individuals wages.
The guidance note linked below details all information currently available in relation to how the Scheme will operate. Please note, details are based on Government guidance to date (27 March 2020). It is unclear if legislation will be passed to implement the Scheme, or if HMRC will impose additional restrictions. We hope to receive further guidance over the forthcoming weeks and will provide regular updates once further information is made available.

For further information on the Coronavirus Job Retention Scheme and support implementing it please contact our employment team.

Claire Knowles – Partner

Mark Alaszewski – Associate

Rebecca Mahon – Solicitor

Adam McGlynn – Trainee Solicitor

Recent Posts

Court Of Appeal Grants Anti-Suit Injunction In First Of Three RusChemAlliance LLC Cases
February 27, 2024
Top Tips For Inside A Commercial Courtroom
February 23, 2024
SAM litigation
Bank Agrees “Commercial Settlement” Over Shared Appreciation Mortgage (SAMs) Products
February 19, 2024
Hugh Hitchcock The Lawyer Hot 100
The Lawyer’s “Hot 100”: Hugh Hitchcock
February 14, 2024
The Use Of Artificial Intelligence In Courts And Tribunals
February 13, 2024
Barton v Morris And Another [2023] – The Importance Of Express And Certain Terms
February 13, 2024

Archives

Categories

Skip to content