HMRC initial guidance on how the scheme works in practice has been updated multiple times, most recently on 1 May 2020 at the time of writing. In addition, the Treasury issued a Direction to HMRC on 15 April 2020 which authorises them to operate the Coronavirus Job Retention Scheme. Unfortunately, the Direction conflicts with even the most recent versions of HMRC’s guidance which post-date it.
Andrew Knorpel, brings the main points together and again in THE LATEST VERSION OF OUR FACTSHEET on the scheme all his latest amendments are highlighted in red text.
The contents of this article are intended as guidance for readers. It can be no substitute for specific advice. Consequently we cannot accept responsibility for this information, errors or matters affected by subsequent changes in the law, or the content of any website referred to in this article. © Mundays LLP