Government widens eligibility for job retention scheme

The government has widened the eligibility criteria for furloughed employees who need to access the Coronavirus Job Retention Scheme by pushing back a key date.

Call 02476 251333 / 01926 888865 or email accts@leigh-christou.co.uk

The government has widened the eligibility criteria for furloughed employees who need to access the Coronavirus Job Retention Scheme by pushing back a key date.

Under the Coronavirus Job Retention Scheme, businesses can apply for government grants for employees' salaries up to the lower of 80% of an employee's regular wage, or £2,500 per month for three months from 1 March.

The scheme could run for longer if the social restrictions to help halt the coronavirus (COVID-19) pandemic remain in place.

In order to be eligible, employees previously needed to be on an employer's Pay as You Earn (PAYE) payroll on or before 28 February 2020. This date has now been pushed back to 19 March 2020, the day before Chancellor Rishi Sunak first announced the scheme.

Individuals employed and on the payroll as of 28 February 2020, but who were made redundant or stopped working for their employer prior to 19 March 2020, can also qualify for the scheme if their employer re-employs them and puts them on furlough.

Further details on the Coronavirus Job Retention Scheme can be found here.

xero-logo.jpg Sage Accountant Partner ACCA Quality Checked ACCA Approved Employer The Academy of Experts Accredited Expert gba-2020.png quickbooks.png
About our team

Leigh Christou Limited was established as a firm of Accountants in 1983 converting to a Limited Liability Partnership in 2010 and today, we continue to build on our enviable reputation for providing excellent advice and first class service to our business and personal clients alike.

Learn more

Latest news
Contact Details

Please call:
02476 251333 / 01926 888865

Leigh Christou Limited, Leofric House, Binley Road, Gosford Green, Coventry, West Midlands CV3 1JN

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help |

© 2021 Leigh Christou Limited. All rights reserved. powered by totalSOLUTION

We use cookies on this website, you can find more information about cookies here.