PARLIAMENTARY WRITTEN QUESTION
Coronavirus Job Retention Scheme (22 June 2020)
Question Asked
To ask the Chancellor of the Exchequer, whether grants under the Coronavirus Job Retention Scheme can be used to cover redundancy costs.
Asked by:
Mr Richard Holden (Conservative)
Asked by:
Mr Richard Holden (Conservative)
Answer
As per the latest updates to the guidance for the Coronavirus Job Retention scheme, grants cannot be used to substitute redundancy payments.
HMRC will continue to monitor businesses after the scheme has closed.
Full guidance can be found on GOV.UK: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme.
Answered by:
Jesse Norman (Conservative)
26 June 2020
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