How can businesses be supported during the coronavirus pandemic?
Employment partner Paula Kathrens looks at how businesses can be supported during the coronavirus pandemic in an article first published in Insider Media on 6 April.
She considers how businesses can be supported during the coronavirus outbreak and focuses on the Coronavirus Job Retention Scheme (CJRS).
The purpose of the scheme is to provide a temporary measure to help businesses get through these difficult times and to protect jobs. Employers who cannot maintain their current workforce because their operations have been severely affected by coronavirus can ‘furlough’ staff, keep them on the payroll and use an HMRC portal to claim for 80% of employees’ monthly wage costs, up to £2,500 a month.
Read the full article here.
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