The Government have released details of how employers can make a claim from the Job Retention Scheme and it can be found here.
Employees are able to claim 80% of their wages up to a maximum of £2,500 per month where they have been "furloughed". They expect the scheme to be up and running by the end of April.
It is also interesting to note, and not widely reported, that an Administrator is able to "furlough" workers... although I am not sure many of you are retaining employees on cases right now.
NTI are working on a rolling document for all of our clients detailing the various support from the Government and advice IPs should be giving at this time. WATCH THIS SPACE.
