Correspondence

Treasury Direction made under Sections 71 and 76 of the Coronavirus Act 2020

Treasury Direction in relation to the Coronavirus Job Retention Scheme and Job Retention Bonus.

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On 15 April, the Chancellor made a Treasury Direction under Section 71 and 76 of the Coronavirus Act.

On 22 May the Chancellor made a further Treasury Direction under Sections 71 and 76 of the Coronavirus Act 2020, reflecting the extension to the Scheme to 30 June announced by the Chancellor on 17 April and clarifying some provisions within the original Direction.

On 25 June, the Chancellor made a further Treasury Direction under Sections 71 and 76 of the Coronavirus Act 2020, reflecting the extension to the Scheme to 31 October, and the changes to the terms of the scheme from 1 July onwards, announced by the Chancellor on 12 May.

The Directions set out that HMRC are responsible for the payment and management of amounts to be paid under the Coronavirus Job Retention Scheme, as set out in the Schedule to the Direction.

The Directions set out the legal framework for the Scheme.

Further guidance for employers and employees about the Coronavirus Job Retention Scheme.

On 2 October, the Chancellor made a Treasury Direction under Section 71 and 76 of the Coronavirus Act to set out the legal framework for the Job Retention Bonus.

The Direction sets out that HMRC are responsible for the payment and management of amounts to be paid under the Coronavirus Job Retention Bonus, as set out in the Schedule to the Direction.

Further guidance about the Job Retention Bonus.

Published 15 April 2020
Last updated 14 October 2020 + show all updates
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  2. Updated with: 'Treasury Direction in relation to the Coronavirus Job Retention Bonus'.

  3. Added: ‘Further Treasury Direction made on 25 June 2020 under Sections 71 and 76 of the Coronavirus Act 2020’.

  4. Added: Further Treasury Direction made under Sections 71 and 76 of the Coronavirus Act 2020.

  5. First published.