Coronavirus Job Retention Scheme
(asked on 22nd June 2020) - View SourceQuestioner
Stuart C McDonald
(Scottish National Party - Cumbernauld, Kilsyth and Kirkintilloch East)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the number of firms using the furlough scheme towards the cost of redundancy payments.
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.