Nov 2020 – Statutory Sick Pay Extended

Statutory Sick Pay extended - Employers must now operate two parallel systems of Statutory Sick Pay (SSP) for their employees: COVID-19 related SSP and SSP for all other health related matters that prevent employees from working. In both cases, the employee must earn at least ...

Nov 2020 – Redundancy Pay

Redundancy pay explained - If you need to make staff redundant, you must give them a written statement setting out the amount of their redundancy payment and how it was calculated. It is important to get this right, so start with the employee’s employment contract ...

Oct 2020 – Updated Business Support Measures

EMPLOYERS FACING DECREASED DEMAND (JSS OPEN) For businesses facing reduced demand the JSS Open scheme will give employers the option of keeping their employees in a job on shorter hours rather than making them redundant. The government has announced that it will increase the scale of ...

Oct 2020 – Business Support Measures

I hope everyone is keeping safe and well. An update is included below of the various provisions and business support measures in place or coming into place. We are now, at a point where there are overarching central schemes in place. However, in addition, we ...

Oct 2020 – Kickstart Scheme

Under the Kickstart scheme, the government will pay the wages and associated costs of new employees who are aged 16 to 24, and who come directly to you from claiming Universal Credit. The Kickstart grant will cover the employee’s wages at the national minimum wage ...

Oct 2020 – How to Correct CJRS Claims

How to correct CJRS claims The Coronavirus Job Retention Scheme (CJRS) pays a proportion of your furloughed employees’ wages, plus employer’s NI and pension contributions for periods before August. The proportion of wages covered by the grant has gradually reduced from 80%, to 60% in ...

Oct 2020 – New Business Support Measures

New business support measures have been announced by the Chancellor to help businesses survive the winter into 2021. The government will provide grants to cover a portion of wages or self-employed profits, further deferrals of Income Tax and VAT, a continuation of the reduced VAT ...

Oct 2020 – Claim Allowance for Working from Home

Employees working from home due to Covid-19 can have a £6 per week or £26 per month allowance paid tax-free by employers or, during the pandemic, can claim a deduction from earnings for this allowance, HMRC has confirmed. The allowance is to cover tax-deductible additional ...

Sept 2020 – Winter Economy Plan Revealed

Yesterday the Chancellor, Rishi Sunak, confirmed that the budget will not take place in November, and also came out with his Winter Economy Plan. The Chancellor and the government have a very difficult scenario to balance, with COVID-19 restrictions still being necessary, trying to move ...

Sept 2020 – Budget Cancelled

As you will no doubt have read, the Chancellor has scrapped plans for an autumn budget. No new date has been announced. January 2021 is possible although, traditionally, March has been the month for budgets. We have previously highlighted the opportunity for considering tax and ...

Sept 2020 – New Look Unvieled

We are delighted to announce we have a fresh new look with the re design of our logo and brand new website. We have been very busy over the lockdown period supporting and advising clients, as well as working on our marketing strategy involving a ...

Aug 2020 – Slowness Fines

If you miss the deadline for filing your self-assessment tax return (31 January for online filing) you will be charged a £100 penalty. If the return is filed more than three months late, an additional £10 per day is charged, and after six months another ...