Guidance on the rules relating to the Job Retention Scheme and furloughing has been published by Government.
The scheme is open to all UK employers that had a PAYE payroll scheme for employees in place on 28 February 2020; employers can claim 80% of wage costs, up to a cap of £2,500 per month.
We have collated brief details about the scheme, which you can download here.
We have created this using the detail taken directly from the relevant Government websites and supplemented by published HR expert sources. The guidance has been checked and is provided in good faith but we urge members to take their own advice as to how the scheme and support measures applies to them, their employees and their own individual circumstances.
If you have any questions please do not hesitate to contact us at membership@thencc.org.uk
Please stay safe and well.