Will company directors be eligible for the Coronavirus Job Retention Bonus?
The government has clarified that company directors will be eligible to receive the Coronavirus Job Retention Bonus just like other retained employees when it is paid in the new year.
“Employers can claim the Job Retention Bonus for all employees who meet the above criteria, including office holders, company directors and agency workers, including those employed by umbrella companies. The above criteria must be met regardless of the frequency of the employee’s pay periods, their hours worked and rate of pay”.
The detailed legislation can be found at https://www.gov.uk/government/publications/job-retention-bonus/job-retention-bonus