Changes to Coronavirus Job Retention Scheme. Flexible Furlough scheme introduced from 1 July, employers to gradually increase their contribution to wage costs beginning with NI and employer pension contribution costs and rising to 20% by October when the scheme will end. Self Employment Income Support Scheme extended, now ending in August, with a single payment of up to £6,570 to cover June, July and August.
The government outlines the first steps society will take to safely restart the economy and stresses that all steps are conditional on keeping the virus under control. Calls for clear guidance on Covid secure status and phasing of government support required.
Who checks whether HMRC is right about your eligibility for SEISS and the amount of your payment? Your accountant.
First details of the Self-Employed Income Support Scheme announced by the Government on 26 March 2020.