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<p>As noted in the Coronavirus Job Retention Scheme guidance, company directors are
bound by the Companies Act 2006 to fulfil their statutory duties. The Government aims
to ensure that salaried directors can be furloughed and supported through this scheme,
while still being able to meet their statutory duties. The guidance is clear that
furloughed directors should do no more work than would reasonably be judged necessary
to meet their statutory requirements, and that they should not do work of a kind they
would carry out in normal circumstances to generate commercial revenue or provide
services to or on behalf of their company.</p><p> </p><p>The Government has extended
the Coronavirus Job Retention Scheme until October 2020. Extending the scheme in its
current form until July will provide workers, businesses and the economy with clarity
on this vital support. After July, the Government will introduce more flexibility
to the furlough scheme in a measured way that protects people’s incomes and helps
support furloughed employees as they return to work. From August through to the end
of October, employers currently using the scheme will have more flexibility to bring
their furloughed employees back to work part-time while still receiving support from
the scheme. Employers using the scheme will start contributing some of the costs of
their workers’ salaries, substituting in part the contribution that the Government
is currently making. The Government will outline more details of how this will work
by the end of May.</p><p> </p><p>This scheme supplements the other significant support
announced for UK businesses, including the Bounce Back Loans Scheme for small businesses,
the Coronavirus Business Interruption Loan Scheme, and the deferral of tax payments.
More information about the full range of business support measures is available at
<a href="http://www.businesssupport.gov.uk/coronavirus-business-support/" target="_blank">www.businesssupport.gov.uk/coronavirus-business-support/</a></p>
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