Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether the Coronavirus Job Retention Scheme takes into account (a) wage fluctuation over a period of 6 months and (b) basic income, (c) additional income, (d) overtime payments, (e) commission and (f) pension contributions when calculating 80 per cent of a wage.
The Government seeks, as far as possible, to protect people’s jobs and incomes. This is an unprecedented jobs retention scheme and the Government has been working hard to set out further details on the scheme. The Coronavirus Job Retention Scheme is open to any individual who was on an employer’s PAYE payroll on 19 March 2020. Full details can be found in the guidance available at www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme and www.gov.uk/guidance/work-out-80-of-your-employees-wages-to-claim-through-the-coronavirus-job-retention-scheme, which provides answers to these questions.