To discourage unnecessary and potentially fraudulent furlough claims, HMRC is required to publish the names of all employers making claims from 1 December 2020. This follows evidence that some businesses have abused the furlough scheme and made illegal claims, with HMRC launching investigations into 6,000 suspect claims. In recent months, a series of high-profile employers have voluntarily handed back £500m … Read More
Furlough and Self Employed Grants extended to end of April 2021
Back in December Chancellor Rishi Sunak announced he was extending the furlough scheme and Self Employed grants to the end of April 2021, giving certainty to millions affected by the pandemic. Businesses also have until the end of March to access government-backed loans to keep them afloat during tighter trading restrictions. Furlough (Coronavirus Job Retention Scheme – CJRS) – until … Read More
Covid-19 – Further economic help announced for businesses and individuals
Over the weekend, Prime Minister Boris Johnson announced a second lockdown and with it, further economic help for those affected by Covid-19. In summary: Help for businesses Furlough extension The Coronavirus Job Retention Scheme (CJRS or more commonly the Furlough scheme) is extended until December and will mirror amounts available in August. The Job Support Scheme which was due to … Read More
A summary of help for businesses & individuals affected by the Coronavirus
This is our summary page with useful links and info to help those affected by the Coronavirus. HMRC Coronavirus Helpline 0800 0159 559 / 0800 024 1222 The Business Support helpline 0300 456 3565 Our summary of Help for businesses including info on the Job Retention Scheme, VAT payment deferrals, deferrals for filing statutory accounts, applying for finance under the CBILS and grants. … Read More
Coronavirus Job Retention Scheme and how to furlough employees & sole directors
Under the Coronavirus Job Retention Scheme (CJRS), government is to step in and cover staff wages (capped) for employees who were on the payroll at 19th March 2020 and otherwise at risk of redundancy due to the coronavirus pandemic. This will be in the form of an initial grant (CJRS V1) payable from 20th April 2020 and cover up to … Read More