Treasury Direction made under Sections 71 and 76 of the Coronavirus Act 2020
Published By GOV.UK [English], Wed, Oct 14, 2020 9:25 AM
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.
Press release distributed by Media Pigeon on behalf of GOV.UK, on Oct 14, 2020. For more information subscribe and follow