Coronavirus (COVID-19) Update 30/03/2020 (Employers/Employees)

HMRC have released further information regarding the Furlough scheme for Employers/Employees. Employers will be able to use a new portal to claim for 80% of furloughed employees’ usual monthly wage costs, up to £2,500 per month, plus the associated Employers NI costs and minimum automatic enrolment pension contributions.

Further details can be found on the GovUK website here.

If we run your payroll or if you require guidance on this scheme and what it means for you, please contact us.