Coronavirus Job Retention Scheme
From ACT Wiki
Business continuity - pandemic - UK.
Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis.
The UK's HMRC (Her Majesty's Revenue & Customs) will reimburse 80% of relevant workers' wage costs, up to a cap of £2,500 per month.
See also
- British Business Bank
- Business continuity plan
- Contingency plan
- COPD
- Coronavirus
- Coronavirus Business Interruption Loan Scheme
- COVID-19
- COVID-19 Corporate Financing Facility
- Disaster recovery planning
- Financial stability
- Furlough
- Her Majesty’s Revenue & Customs
- Liquidity management
- WFH
