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At Nextfin we have reported extensively on the development of the government’s Coronavirus Job Retention Scheme, and what it means for businesses. Most recently, the Chancellor announced that employees who were furloughed under the Scheme can return to work on July 1 on a part-time basis while still having their pay subsidised by the government.
But what about those who are not technically deemed as employees under employment law? In this guide, we outline who you are able to claim for under the scheme.
Under the provisions of the Scheme, you can claim a grant for individuals - as long as they’re paid via PAYE. According to the Government, the following can be claimed for:
Individual |
Details |
Office holders |
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Company directors |
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Salaried members of Limited Liability Partnerships (LLPs) |
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Agency Workers (including those employed by |
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Limb (b) Workers |
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Contractors with public sector engagements in scope of IR35 off-payroll working rules |
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Author: Sacha Bright & Oliver Murphy
Disclaimer
To the best of our knowledge, the information we have provided is correct at the time of publishing. Sacha Bright is not a solicitor or accountant and we recommend that you seek professional advice on any topic discussed. Nextfin is not liable for any damages arising from the use of or inability to use this site or any material contained in it, or from any action taken as a result of using the site.
Tagged: coronavirus raising funds entrepreneurs alternative finance advice
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