The Government have announced that the Furlough scheme cut-off date is to be extended to 19 March
Under the scheme announced by Chancellor Rishi Sunak last month, employers can claim a grant covering 80% of the wages for a furloughed employee, subject to a cap of £2,500 a month.
To qualify and to protect against fraudulent claims, individuals originally had to be employed on February 28th 2020.
But following a review of the delivery system and to ensure the scheme helps as many people as possible, new guidance published today has confirmed the eligibility date has been extended to March 19th 2020, the day before the scheme was announced.
Employers can claim for furloughed employees that were employed and on their PAYE payroll on or before 19th March 2020. This means that the employee must have been notified to HMRC through an RTI submission notifying payment in respect of that employee on or before 19th March 2020.
If you have any questions on the above please do not hesitate to contact your usual RPG contact.
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