ICAS writes to the UK Government concerning planned withdrawal of the Coronavirus Job Retention Scheme
ICAS Chief Executive J Bruce Cartwright CA has written to UK Government MP and Secretary of State for Scotland, Alister Jack, to outline concerns from ICAS members about plans to phase out the Coronavirus Job Retention Scheme (CJRS).
The letter, further to a letter dated 24 April, is a request on behalf of ICAS Members for information in relation to the withdrawal of the CJRS.
As stated in the letter, ICAS Members are concerned that there is a danger of businesses having insufficient resources to pay other (non-payroll) costs in the immediate and near future. It also encourages the UK Government to consider clear articulation of the potential options beyond the furlough scheme's proposed end date of 30 June.
Further matters raised include encouraging the Government to give consideration to the permitting of employees to work for their employer whilst the furlough scheme undergoes a phased withdrawal, and giving consideration to regional variances and sector-based arrangements.
ICAS is working with the UK and Scottish Governments to interpret guidance into practical advice for our members. Keep an eye on our Coronavirus Hub for updates, advice and practical information.
ICAS members are encouraged to continue submitting their feedback, concerns and queries to Bruce by contacting us on members@icas.com.