HMRC have published more information on the Job Support Scheme – including how you can check if you are eligible and when you can make your first claim. Job Support Scheme The Job Support Scheme (JSS) will: open on the 1st of November 2020, and; run for six months, until the 30th of April 2021. […]
19
Oct
Oct
New Job Retention Bonus guidance is now available. It includes information about how you can check if your employees are eligible and when you can claim the bonus. What and for who will I be able to claim? You will be able to claim: a one-off payment of £1,000 for every eligible employee you furloughed […]
12
Oct
Oct
The government recently announced an expansion of the Job Support Scheme, to provide temporary support to businesses whose premises have been legally required to close as a direct result of coronavirus restrictions. Under this expansion, affected businesses will receive grants towards the wages of employees who have been instructed to and cease work. This will […]
05
Oct
Oct
A new Job Support Scheme will be introduced by the government from the 1st of November aimed at protecting jobs within businesses which face lower demand over the winter months due to coronavirus (COVID-19). How the new Job Support Scheme will work Under the scheme, which will run for six months, the government will contribute towards […]
28
Sep
Sep
The government have announced new COVID-19 support schemes for businesses and employees impacted by coronavirus (COVID-19) across the UK. This includes: a new Job Support Scheme extending the Self-Employment Income Support Scheme extending the VAT cut (from 20% to 5%) for the hospitality and tourism sectors, and help for businesses in repaying government-backed loans. I’ll […]
21
Sep
Sep
There are some Important updates to Coronavirus Job Retention Scheme from the end of this month. From the 1st of October 2020: HMRC will pay 60% of the usual wages per month, for the hours furloughed employees do not work, up to a cap of £1,875 per What employers need to do from the 1st of October Continue to pay […]
14
Sep
Sep
The UK Government have recently set out their 10-year plan to modernise tax and the extension of Making Tax Digital is a fundamental part of it. The 10-year strategy is part of the government’s ambition to make progress and lay foundations for further reforms between now and 2030. They believe that now is the right […]
07
Sep
Sep
On the 21st of July the Government published the first draft of the 10-year plan to modernise the tax administration system in the UK and the Making Tax Digital extension is a huge part of it. Yes, Making Tax digital is firmly back on the agenda. Not that it really ever really went away. It’s […]
24
Aug
Aug
There are some changes to the Coronavirus Job Retention Scheme from the 1st of September 2020 and this is what it means for you. What you need to do from 1 September From 1 September the CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees […]
17
Aug
Aug
Second Self Employment Income Support Scheme (SEISS) The second Self Employment Income Support Scheme (SEISS) opens for applications today and those eligible will receive a government grant worth up to £6,570 This week HMRC are writing to self-employed people who may be eligible for the grant. Those eligible will be given a date to make […]
