Coronavirus Job Retention Scheme

(asked on 22nd June 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether grants under the Coronavirus Job Retention Scheme can be used to cover redundancy costs.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 26th June 2020

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.

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