24 06, 2020

Furlough scheme changes

2020-06-24T16:31:15+01:00June 24th, 2020|Coronavirus|

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 [...]

2 06, 2020

update on the coronavirus job retention scheme

2020-06-02T15:52:45+01:00June 2nd, 2020|Coronavirus|

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 [...]

19 05, 2020

Sick pay rebate scheme to launch

2020-05-22T15:33:46+01:00May 19th, 2020|Coronavirus|

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.

13 05, 2020

How to claim the self employed income grant

2020-05-22T15:30:36+01:00May 13th, 2020|Coronavirus|

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 [...]

28 04, 2020

Bounce Back Loans

2020-05-22T15:26:04+01:00April 28th, 2020|Coronavirus|

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, [...]

24 04, 2020

Capital gains tax changes from April 2020

2021-02-04T14:30:56+00:00April 24th, 2020|Tax Tips|

New rules for property owners from 6th April 2020 New rules have come into force that means property owners must pay Capital Gains Tax (CGT) much faster than they have been used to. As of Monday 6 April 2020, property owners must inform HMRC of any CGT liabilities using an online service and pay amounts [...]

21 04, 2020

Holiday pay and Furlough

2020-05-22T15:23:33+01:00April 21st, 2020|Coronavirus|

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 [...]

9 04, 2020

Furlough Scheme

2020-05-22T15:16:21+01:00April 9th, 2020|Coronavirus|

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 [...]

6 04, 2020

Business Support Grant

2021-02-12T15:21:25+00:00April 6th, 2020|Coronavirus|

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 [...]

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