On 12 June 2020, the government published new and updated guidance on its Coronavirus Job Retention Scheme (CJRS), implementing changes that were first announced by the Chancellor Rishi Sunak in late May. We summarise the latest changes and consider their implications and consequences below. Flexible furlough With effect from 1 July 2020, employers will be […]
On 12 May the Chancellor Rishi Sunak set out a brief update in parliament on the future of the Coronavirus Job Retention Scheme. The scheme was set up on 26 March and supports employers by paying 80% of a furloughed worker’s pay up to a cap of £2,500 per month. The Chancellor’s recent announcement came […]
On 26 March the Government (HMRC) published guidance giving details of its Coronavirus Job Retention Scheme. The guidance has since been updated a number of times; on 4 April, 9 April, 15 April, 17 April and most recently on 20 April. The current, updated guidance can be seen here. On 15 April the Treasury also […]
The Covid-19 pandemic is having far-reaching consequences for businesses across the globe. Partner Mike Tremeer and Associate Ingrid Hesselbo remind small business based in the UK to consider all measures available before proceeding with redundancy as a last resort. See their helpful guide on SmallBusiness.co.uk.
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