Coronavirus Job Retention Scheme/Furlough leave
Undoubtedly, the most important announcement for employers to come out of this year's budget has to be the extension of the Coronavirus Job Retention Scheme until 30 September 2021, which will provide a lifeline to organisations that will still be affected by restrictions on social contact into the summer months.
HM Revenue & Customs has updated its furlough guidance to confirm that the scheme can be used where employees are unable to work because they are caring for children while schools are closed.
The furlough scheme has been extended until the end of April 2021, the chancellor has announced.
The government has now published its official guidance for the Coronavirus Job Retention Scheme, which has been extended until 31 March 2021.
The furlough scheme has been extended until the end of March, with the Government continuing to cover 80% of employees' wages at firms affected by coronavirus restrictions, the chancellor Rishi Sunak has announced.
The government has published details of the one-off bonus that employers can claim if they keep previously furloughed employees on their books for three months after the Coronavirus Job Retention Scheme closes on 31 October.
As much as £3.6bn in furlough payments could have been claimed erroneously or fraudulently, according to HM Revenue & Customs.
One in eight workers remains on furlough, according to the latest fortnightly figures from the Office for National Statistics.
HM Revenue & Customs has begun writing to employers it believes may have claimed too much money through the Coronavirus Job Retention Scheme based on the information it holds about them.
The number of reports of furlough fraud made to HM Revenue and Customs rose by more than half between the end of June and 22 July, official figures have revealed.
News: HR and legal information and guidance relating to the Coronavirus Job Retention Scheme/Furlough leave.
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