More information on the extension of CJRS and SEIS

More information on the extension of CJRS and SEIS

The UK government has recently made available more information on the extension of CJRS and SEIS Schemes.  This is a summary. Extension of CJRS (the Coronavirus Job Retention Scheme) The Chancellor has announced that CJRS will be extended until the end of March‌‌‌ 2021 for all parts of the UK.  For claim periods running to […]

Extension of CJRS and SEIS Schemes

extension of CJRS and SEIS Schemes

The UK government has recently announced the extension of CJRS and SEIS Schemes.  Here’s a bit more information on how it will work. Coronavirus Job Retention Scheme The Coronavirus Job Retention Scheme (CJRS), which was due to end on the 31st of October, will now be extended, with the UK government paying: 80% of wages […]

Time to Pay arrangements

time to pay arrangements

The Government recently announced Time to Pay arrangements in respect of deferred VAT payments and Self Assessment.  Here’s a bit more detail. VAT Deferral New Payment Scheme If you deferred VAT payments that were due between the 20th of March and the 30th of June 2020, then these payments need to be made to HMRC […]

More information on the Job Support Scheme

More information on the job support scheme

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. […]

Expansion of the Job Support Scheme

Expansion of the Job Support Scheme

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 […]

New Job Support Scheme

New Job Support scheme

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 […]

New COVID-19 support schemes announced

New COVID-19 support schemes announced

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 […]

Important updates to Coronavirus Job Retention Scheme

Important updates to Coronavirus Job Retention Scheme

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 […]

Extension of Making Tax Digital for VAT

Making Tax Digital

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 […]