Nigel Morris, tax director at MHA MacIntyre Hudson, has outlined the key points employers must consider when applying for the initiative’s benefits.
Under the scheme, HMRC will pay 80% of employees’ salary who would otherwise have been laid off or made redundant, up to £2,500 per month.
Morris stresses furloughed workers should not undertake any work for the company, including answering calls or emails, to be eligible.
The scheme is open to all businesses until the end of April for staff who were employed from 28 February.
