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Topical Questions

Part of Treasury – in the House of Commons on 24th March 2020.

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Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer

Detailed guidance is available. Further guidance will be provided and our aim is to build the new scheme so that it is operational by the end of April. That is a challenge. We are already working night and day to construct something from scratch, but claims will be allowed to be backdated to 1 March so that businesses have the security of knowing that the cash-flow rebate will be coming. As I have said, the aim is to have the scheme up and running so that the April payroll can be reimbursed through it.