Coronavirus: Millions to claim as UK furlough scheme goes live

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A government pay scheme to keep staff on the payroll despite not working due to coronavirus has gone live.


Under the Coronavirus Job Retention Scheme, the government will cover 80% of workers' wages, up to £2,500 a month, if they are put on leave.


Chancellor Rishi Sunak said: "We promised support would be available by the end of April - today, we deliver our promise."


Millions of workers are expected to be "furloughed" because of the lockdown.


The Treasury says the system can process up to 450,000 applications an hour. Employers should receive the money within six working days of making an application, it says.

How does the scheme work?


Under the Coronavirus Job Retention Scheme, the government will cover 80% of workers' wages, up to a maximum of £2,500 per worker, per month before tax.


Bosses will pay workers and reclaim the money from HM Revenue and Customs (HMRC) online after the service goes live on 20 April.


The minimum amount of time that an employee can be furloughed is three weeks, and firms are not expected to start receiving money until at least the end of April.


Read more here: https://www.gov.uk/guidance/claim-for-wages-through-the-coronavirus-job-retention-scheme

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