Update COVID 19 Job Retention Scheme
Further to our article on the 29th March 2020 providing a summary on the COVID 19 Job Retention Scheme we can confirm that further updates have been made by the Government regarding the scheme and who it impacts.
Initially it only applied to employees who were employed on or before 28 February 2020. The Government has changed this date to the 19th March 2020.
So, an employer can now furlough employees that were on their PAYE payroll on or before the 19th March 2020 and which were notified to HMRC on an RTI submission on or before the 19th March 2020.
Employers can re-employ and furlough any employees that were made redundant or stopped working for the employer after the 28th February 2020 and prior to the 19th March 2020.
A further welcome update for businesses is the extension of the scheme from three months to four months from the 1st March 2020.
Employers will also note that HMRC have announced that the portal is available for employers to claim back employee wages of those that have been furloughed from the 20th April 2020.
If your business has been affected as a result of Covid 19 and you wish to understand more about how the Job Retention Scheme works please do not hesitate to contact our Employment Team on 01270 212000. Although the office is closed to the general public our team is working remotely to ensure that all clients needs are serviced during this time.
