The Government’s Coronavirus Job Retention Scheme (AKA the furlough scheme) is ending on 31st October 2020 and will be replaced by the Job Support Scheme from 1 November 2020.
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Employment Blog
Share option schemes serve as a useful tool for growing companies seeking to recruit and retain employees. Enterprise Management Imitative (EMI) options are particularly tax efficient for employees and companies that are eligible. One of the requirements of an EMI scheme is that an option holder is notified of the restrictions attached to the shares that they may acquire under option at the time the options are granted. However, what happens when a company wishes to alter or update the Articles of Association after options have already been granted?
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On 1 July 2020, the Coronavirus Job Retention Scheme (CJRS) entered a new phase which allows employers to bring furloughed employees back to work part-time. Whereas, prior to 1 July, furloughed employees were not allowed to carry out any work for their employers.
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**Updated 10 July 2020** - Lucy Drury shares some answers to frequently asked questions and useful links for employers in light of the current Cororanvirus outbreak.
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1552 Hits
The SEISS was announced by Chancellor Rishi Sunak on 26 March 2020. The Government has since published further guidance on what the scheme will provide, who is eligible and how to claim.
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