What are the new furlough scheme changes and how will they affect you. To be eligible for flexible furlough from 1st July, the employee must has have been furlough for a minimum of 3 weeks in the period 01st March 2020 to 30th June 2020. Any new entries to the furlough scheme must have been [...]
What is changing to the job retention scheme? The Job retention Scheme will close to new entrants from 30 June 2020. If you haven’t furloughed employees yet and may wish to do so post 30 June 2020, you will need to furlough them soon to ensure that they are furloughed for a full 3 week [...]
Hello! On the 26th May, a new online service will be launched for SME's to recover any SSP payments made to their employees. For clients that have been affected by this, we will be in touch once we have more information and understand how the process works. Read the latest press release here.
Today some of you will be able to claim your self employed grant. I have been given some inside information on how easy it is! If you have already checked to see if you are eligible and been given a "yes" then all you have to do is the same process again but there are [...]
If you are self-employed HMRC will soon be contacting you regarding the new grants available. Use this link to check if you are eligible to make a claim. Your income from self-employed must make up 50% or more of your income from your 2019 tax return to qualify. Remember these grants are taxable and we [...]
On Monday, the 4th May a new Bounce Back Loan scheme to help small and medium-sized businesses will be launched. The new finance will be available based on 25% of turnover, capped at £50k and with a 24hr turnaround. The loans will be 100% guaranteed by the government and there will not be any fees, [...]
We have received the following information from our HR support regarding paying staff while on furlough. HMRC confirmed late on Friday (as usual!) that it is possible for employees to take annual leave whilst on furlough. Updated only within the “Employee's Guidance” it now states that it is possible to take annual leave while on [...]
We have some news that will be breaking soon regarding the HMRC online Furlough hub. The following text is from our professional body the AAT who are working with HMRC and not from Brenda on Facebook :) The following is for employers only and does not affect the self-employed. HMRC has announced that the web [...]
The Councils have been contacting people in receipt of Small Business Rate Relief over the past few days of how to claim. Below are some useful links if you have not had your letter yet. The online forms for the Small Business £10k grant for qualifying businesses are now on these local council websites: Norwich [...]
Over the past week, we have been supporting many of you through the minefield of the new government packages that are available to help fund individuals and businesses that have been affected by the government’s decision to restrict movement and close various business sectors. As you can imagine, there are some worried and confused people [...]