Changes to the Furlough Scheme from 1st September

The HMRC is making changes to the Coronavirus Job Retention Scheme (CJRS) from 1‌‌st September and what this means for you.   What you need to do from 1‌‌ September From 1‌‌ September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work.You will still need to pay your … Continue reading Changes to the Furlough Scheme from 1st September

Mini-budget July 2020

Today the Chancellor announced the introduction of the 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. The bonus will provide additional support to retain employees. To be eligible, employees will … Continue reading Mini-budget July 2020

VAT reverse charge for construction services delayed due to coronavirus

HMRC has announced that the introduction of the domestic reverse charge for construction services will be delayed until 1 March 2021 due to the impact of the coronavirus pandemic. What do you need to know? What is the reverse charge? Rules are being introduced to tackle VAT fraud within the construction industry. The reverse charge … Continue reading VAT reverse charge for construction services delayed due to coronavirus

Covid 19 -Self Employed Income Support Scheme

Following the widespread uptake of the Coronavirus Job Retention Scheme, the government announced that it would also launch a support scheme for the self-employed. Can you benefit? Open. The government’s Self Employed Income Support Scheme (SEISS) opened for claims on Wednesday 15 May. The scheme allows you to make a claim if your business has been … Continue reading Covid 19 -Self Employed Income Support Scheme

Covid 19 – Update of the Job Retention Scheme

Claim for your employees' wages through the Coronavirus Job Retention Scheme Find out if you’re eligible and how much you can claim to cover wages for employees on temporary leave ('furlough') due to coronavirus (COVID-19).Published 26 March 2020Last updated 4 April 2020 — see all updates From:HM Revenue & Customs Contents Who can claimEmployees you can … Continue reading Covid 19 – Update of the Job Retention Scheme