The Government has further clarified some details of the Job
Retention Scheme.
On 9 April, HMRC published the third update of its guidance on
the Coronavirus Job Retention Scheme (the Scheme). We outline below
some of the key clarifications. Questions and answers arising in
light of previous guidance may be found
here.
HOW LONG WILL THE SCHEME BE IN PLACE AND CAN WE ACCESS IT AT
ANY TIME?
The government plans to have the scheme in place from 1 March to
31 May 2020 and it may be extended beyond that date. The government
recognises businesses will be affected by Coronavirus in different
ways and they may access the Scheme at any point during the three
months duration. The stated purpose of the scheme is to assist
employers to retain their employees and protect the UK economy;
again the updated guidance confirms the employer does not have to
demonstrate a redundancy situation to access the scheme.