Coronavirus Job Retention Scheme Direction - take three
26 June 2020
The Treasury direction made under Sections 71 and 76 of the Coronavirus Act 2020 reflects the extension of the Scheme to 31 October, and the changes to the terms of the scheme from 1 July onwards, announced by the Chancellor on 12 May.
This direction gives legal effect to the elements of the scheme that were set out in the guidance published 12 June.
Guidance should continue to be the key point of reference for employers and employees.
The information in this article is accurate at the time of publication. For all the latest information, news and resources on how the COVID-19 pandemic is affecting payroll professionals, visit our Coronavirus Hub.