Wayne Thomas, partner at Bates Weston recaps the imminent changes to CJRS and stresses the need to plan ahead.
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.
Plans to reopen retail in a safe and secure manner providing the Government’s five key tests are met, retailers conduct risk assessments and comply with COVID-19 Secure guidelines for shops and branches.
The practical help we, as accountants, are giving to support our clients today, and how we plan to keep on helping them in the future.
Insights from business leaders on the practical steps that can be taken to create safe workplaces as we anticipate news on the safe, collaborative and cautious reopening of the economy.