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HMRC issues guidance on 80% financial support for firms and self-employed

HMRC issues guidance on 80% financial support for firms and self-employed

https://www.stonespecialist.com/news/legislation-standards/hmrc-issues-guidance-80-financial-support-firms-and-self-employed

(Originally from Natural Stone Specialist - Stonespecialist.com)

HM Revenue & Customs has today issued guidance on its Coronavirus Job Retention Scheme and a new, similar scheme now introduced for the self-employed.

HMRC update on Covid-19

HMRC provides guidance on the Coronavirus Job Retention Scheme that will pay up to 80% of employees’ salaries and implements a similar scheme for the self employed as CITB suspends its levy and Barbour estimates £25.55billion worth of construction work has been suspended this week.

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