CORONAVIRUS – JOB RETENTION SCHEME UPDATE

JOB RETENTION SCHEME

 

The government released additional guidance on the Coronavirus Job Retention Scheme over the weekend.  Full details are here https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme

 

It provides clarity on what you can base the 80% claim on for an employee.  You can claim for regular payments you are obliged to pay your employees, including wages, past overtime, fees and compulsory commission payments. However, discretionary bonus (including tips) and commission payments and non-cash payments should be excluded. Non-monetary and salary sacrifice benefits should also be excluded.

 

If you have furloughed workers, or are thinking of and require our support, please get in touch if we haven’t spoken already.