Update 27 March 2020
Please note that the situation in respect of COVID-19 (“Coronavirus”) is a fluid one and one that is both rapidly and constantly changing. The information below is based on current guidance produced by government from various announcements as such the information may be subject to change and is valid as at 27 March 2020.
Note: this note does not constitute legal advice and operators are advised to seek specific advice in relation to their business
The government has just published further details of the Coronavirus Job Retention Scheme (the ‘Furlough’ Scheme). It remains unclear whether HMRC intends to rely on this guidance only, or whether there will be actual legislation and therefore this update is a practical summary of the latest notes note.
The government have indicated that they will issue further guidance on the mechanics of claiming the payment in due course. As mentioned in our previous update [click here] it is expected the scheme will be up and running by the end of April.
We will continue to share further information and clarity as it becomes available. In the meantime, if you have specific cases in which you require legal advice, we actively encourage you to contact Backhouse Jones at 01254 828 300 or via our website at https://www.backhousejones.co.uk.
Disclaimer: This note is not intended to constitute legal advice and operators should seek specific advice which will be provided based on their particular circumstances.