Published: 29/03/2020 By Dean ClarkYou will be aware from our recent email communications the Government has recently introduced a series of temporary financial measures designed to help individuals and businesses through this period of disruption caused by COVID-19.
This includes a ‘Coronavirus Job Retention Scheme,’ with details of this scheme previously sent out by us last week.
In brief, this scheme has been introduced to help support employers whose operations have been severely affected by Coronavirus, and it is open to all UK employers with an operative PAYE scheme in place on 28th February 2020. Under this scheme, Employers can seek to claim 80% of ‘furloughed’ employees’ usual monthly wage costs, up to a maximum sum of £2,500 per month, plus Employer NI contributions and some pension contribution.
For more details on the scheme please refer to our previous email communication and/or our webpage , or call us on the usual office number (020 8661 7878)
Furloughing of employed staff:
We acknowledge a vast amount of information is published almost daily by the Government, and it may be difficult to keep fully up to date with all such announcements. Please therefore see our summary sheet (‘furlough guidance’) below, which provides useful guidance on the furloughing of staff, for your consideration.
Furthermore, if you do believe this may be relevant to you/your business, we also attach a suggested ‘template’ letter, which you may wish to adapt to your own specific circumstances, formally documenting the process, which is an important consideration of this scheme, (‘furlough example letter’ - see below).
We are here to help!
Should you require any help and or assistance in regards to the above please do not hesitate to contact us. In the first instant, a member of our payroll department will be happy to discuss your requirements please email either firstname.lastname@example.org or email@example.com
Alternatively please feel free to call us on the usual office number (020 8661 7878). Furlough example letter 15.04.2020.pdf