HMRC launches online portal for the Coronavirus Job Retention Scheme Key Contact – Claire Knowles Author – Adam Mcglynn The long-awaited day is here. As of 20 April employers are able to access funds from the Coronavirus Job Retention Scheme (the Scheme) to reimburse wage costs for employees placed on furlough leave. Accompanying the launch has been...Read More
Holidaying at Home – Confirmation of annual leave treatment under the Job Retention Scheme Key Contact – Claire Knowles Author – Rebecca Mahon We reported towards the end of the day on Friday that the Coronavirus Job Retention Scheme, or “furlough” scheme, would be extended to 30th June 2020. Just as we thought there would be no...Read More
COVID-19 SUPPORT: Daily Update – Monday 20 April 2020 Key Contact: Christian Farrow Author: Elena Visser A new £1.25 billion package has been revealed today to help support start-ups in the UK The government has revealed today that it will invest in some of the most innovative start-ups to help them survive in a scheme that will...Read More
Furlough for Longer – Coronavirus Job Retention Scheme Extended Key Contact – Claire Knowles Author – Adam Mcglynn The government’s Coronavirus Job Retention Scheme (the Scheme) is being extended and will now last until 31 June 2020. The Chancellor of the Exchequer, Rishi Sunak, has today announced that the Scheme’s end date will be postponed to reflect...Read More
COVID-19 SUPPORT: Daily Update – Friday 17 April 2020 Key Contact: Christian Farrow Author: Elena Visser Chancellor Rishi Sunak expands loan scheme for large businesses Rishi Sunak has revealed the final details of the Coronavirus Large Business Interruption Scheme (CLBIS) ahead of its launch on Monday. All viable businesses with a turnover of more than £45 million...Read More
The Status of Commission Payments in the Furlough Scheme Author – Mark Alaszewski Key Contact – Claire Knowles Since its announcement on 19th March 2020 the Coronavirus Job Retention Scheme (otherwise known as the ‘Furlough’ scheme) has given rise to a number of difficult issues in employment law, many of which remain unresolved. One of...Read More
Furlough Leave for Companies Entering Administration Key Contact – Claire Knowles Author – Adam Mcglynn With so much employment law reform in response to Coronavirus it is almost surprising that we have not witnessed more judicial intervention and yet without any draft legislation available at this time it would be difficult for any member of...Read More
A SITE AT THE END OF THE TUNNEL? COULD NEW PROCEDURES CLEAR THE WAY FOR THE CONSTRUCTION INDUSTRY TO GET BACK TO WORK? Author: Mark Summers A flurry of announcements around the UK’s construction sector in recent days will give the industry hope that a sustainable return to work against the backdrop of the coronavirus...Read More
The Coronavirus Act 2020 Functions of Her Majesty’s Revenue and Customs (Coronavirus Job Retention Scheme) Direction Section 76 of the Coronavirus Act 2020 granted the Commissioners of Her Majesty’s Treasury (the Treasury) the power to direct Her Majesty’s Revenue and Customs (HMRC) to have such functions as they deemed necessary in order to respond to...Read More
COVID-19 SUPPORT: Daily Update – Wednesday 15 April 2020 Key Contact: Christian Farrow Author: Elena Visser Rishi Sunak is to keep the emergency loan scheme under review On Tuesday evening, the Chancellor said he would look to other countries to see if the Government could “learn and improve” on the bailout scheme for small businesses, which provides...Read More
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