We do not usually deluge you with updates, but in the current climate important changes are coming thick and fast.
Today is the day the HMRC Coronavirus Job Retention Scheme portal opens and we know a lot of businesses are heavily reliant on these funds. The scheme has been extended by a month to the end of June but, for those of you tackling the portal today, HMRC have published assistance with calculating what can be claimed, as well as revised guidance for both employees and employers.
Links to this information are listed below:
An analysis of the theory (rather than the mathematics) is contained in our updated furlough leave Q&A.