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Coronavirus Job Retention Scheme

Treasury written question – answered on 26th June 2020.

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Photo of Richard Holden Richard Holden Conservative, North West Durham

To ask the Chancellor of the Exchequer, whether grants under the Coronavirus Job Retention Scheme can be used to cover redundancy costs.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

As per the latest updates to the guidance for the Coronavirus Job Retention scheme, grants cannot be used to substitute redundancy payments.

HMRC will continue to monitor businesses after the scheme has closed.

Full guidance can be found on GOV.UK: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme.

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