As the end of the month approaches, employers as well as employees are eagerly awaiting the details of the Coronavirus Job Retention Scheme and how it will work to ensure that furloughed employees will be paid
The easiest and best way to get the correct information is to use the Government site where the latest information can be found here
For employers it will allow them to perform calculations of claims that HMRC will pay
If you are an employee it will allow you to check how much you will receive so that you are able to budget for the month ahead
For some, it will help form the basis of conversations with lenders in areas such as mortgages, car finance and credit cards to obtain payment holidays