A round up of our latest blogs, commentary or office news. Get in touch if you need more details on any of the topics covered.
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.
NHS Test and Trace system is now operational. What we all need to do now and the impact on employers.
Our business very definitely remains open. Here’s an outline of our current working practices, how you can help us with that and reassurance that our help is just as good as its always been. If you need us, don’t hesitate. Get in touch.
Those working from home and employers who encourage their staff to purchase their own home-office equipment and reimburse the expense, can benefit from a temporary income tax and National Insurance Contributions relief introduced as a response to Covid-19.
Recover the costs of paying COVID-19 Statutory Sick Pay using HMRC’s online service. The service allows employers with less than 250 staff to apply to recover the costs of paying coronavirus -related Statutory Sick Pay for two weeks. The rebate is worth almost £200 per employee.
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 safe restarting of the housing market, following detailed government guidance will be welcome news for homeowners, renters, all those involved in the sale and letting of homes and of course for the housebuilders.
Government issues promised guidance to Local Authorities regarding the Local Authority Discretionary Grants Fund, aimed at helping small and microbusinesses that were not eligible for previous grant funding.
The 5 key points that are common to all Covid-19 secure guidance for different types of workplace, and links to the eight workplace specific guidance.
Following the Prime Minister’s address yesterday, the government has published “OUR PLAN TO REBUILD: The UK Government’s COVID-19 recovery strategy”. We have tried to summarise it.
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.
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.
Local Authority discretionary Grant Funding for SMEs may be available from your Local Authority following a Top Up of grant funding by the government. If your business employs less than 50 people and has seen a significant drop in income due to Coronavirus restriction measures but did not qualify for the Small Business Grant Fund or the Retail, Hospitality & Leisure Grant Fund, help could be on the way.