Budget – 03/03/2021

March 8, 2021 In his recent announcement (3 March 2021), the Chancellor announced new support for employers and businesses.We have summarised the announcement below, should any of these announcements apply to you or your business, please contact us for more information. Extension to the Coronavirus Job Retention Scheme The Coronavirus Job Retention Scheme (CJRS) has […]

Latest government guidelines

February 25, 2021 Filing of self-assessment tax returns HMRC has confirmed that the initial 5% late payment penalty on self-assessed tax won’t be charged if the tax is paid, or a time to pay arrangement is agreed, by 1 April.    Taxpayers now have until 28 February to file any late tax returns and to […]

Government Support Update

October 15, 2020 In his recent announcement, the Chancellor announced new support for employers and businesses. We have summarised the announcement below, should any of these announcements apply to you or your business, please contact us for more information. Expansion to the Job Support Scheme Extra grants are also being made available for firms in […]

Summer Economic Update

July 13, 2020 Coronavirus Job Retention Scheme The chancellor confirmed that the Coronavirus Job Retention Scheme would be wound down by the end of October, this year. Job retention bonus A new policy to reward and incentivise employers bringing back furloughed employees: £1,000 for every furloughed employee being brought back and kept through to January […]

Covid – 19 Guidance

June 16, 2020 Following the unprecedented impact of the coronavirus pandemic on both individuals and businesses around the world, we want to share some help provided by the government, information about the schemes, eligibility, and how to claim: Staff retention scheme – Furlough You can claim for 80% of your employees’ wages (even for employees […]