Category Archives: Latest News

The Job Retention Bonus

Job retention bonus

HMRC have published additional information on the Job Retention Bonus, including details on how to check if you are eligible and what you need to do now to get ready to claim. You can find this by going to GOV‌.UK and searching ‘Job Retention Bonus – Policy Statement’. Job Retention Bonus Employers will be able […]

How changes to the Coronavirus Job Retention Scheme impact you

How changes to the Coronavirus Job Retention Scheme impact you

The Coronavirus Job Retention Scheme (CJRS) changed from the 31st of J‌ul‌y.  This is how the changes to the Coronavirus Job Retention Scheme impact you. What you need to do from 1 August From the 1st of Au‌gu‌st 2020 the scheme will no longer fund employers’ National Insurance (NI) and pensions contributions. Employers will have […]

Important information on the Coronavirus Job Retention Scheme

Important information on the Coronavirus Job Retention Scheme

HMRC are writing to employers and agents to inform them of Important information on the Coronavirus Job Retention Scheme.  This information includes key dates.  Here’s a summary: Key dates You should submit CJRS claims for periods ending on or before the 30‌th of‌‌ ‌June 2020 by the 31st of‌‌‌ ‌July 2020. This is the last […]

The Chancellor’s Summer Statement

The Chancellor's Summer Statement

Rishi Sunak has delivered the Chancellor’s Summer Statement.  This is a summary of the main points. Job Retention Bonus This is a one-off payment of £1,000 to employers that have used the Coronavirus Job Retention Scheme (CJRS) for each furloughed employee who remains continuously employed until 31‌‌‌ ‌January 2021. To be eligible, employees will need […]

What to do if you have overclaimed from the CJRS

payroll

HMRC have issued new guidance in respect of the Coronavirus Job Retention Scheme (CJRS).  You can find this by searching for ‘Coronavirus Job Retention Scheme guidance’ on GOV‌‌.UK.  It includes guidance on what to do if you have overclaimed from the CJRS.  Here’s a summary: What to do if you have overclaimed from the CJRS […]

Flexible furlough for eligible employees

flexible furlough for eligible employees

Flexible furlough for eligible employees The Government recently announced changes to the Coronavirus Job Retention Scheme.  One of these changes was the introduction of flexible furlough for eligible employees from the 1st of‌‌ ‌July onwards. From the 1st of‌‌‌ ‌July, as an employer, you can claim a more flexible grant for any employee you have […]

Deferral of VAT payments

vat

As part of the Government’s support for businesses during COVID-19, HMRC introduced Deferral of VAT payments as an option for businesses if they were unable to pay on time, without incurring late payment interest or penalties. Payment of VAT falling due between 20‌‌ March and 30‌‌ June 2020 can be deferred until 31‌‌ March 2021. […]

Coronavirus Job Retention Scheme guidance

payroll

New Coronavirus Job Retention Scheme guidance HMRC have issued new Coronavirus Job Retention Scheme guidance.  You can find this by searching for ‘Coronavirus Job Retention Scheme guidance’ on GOV‌‌.UK. What the new online guidance covers The guidance includes how: the scheme changes and key dates that you need to be aware of to claim, and […]

Extension of the Self-Employment Income Support Scheme

payroll

Extension of the Self-Employment Income Support Scheme The Chancellor has announced plans in relation to the extension of the Self-Employment Income Support Scheme (SEISS) for those people whose trade continues to be, or is newly, adversely affected by COVID-19 (coronavirus). Eligible self-employed people will be able to claim a second and final SEISS grant in […]