HMRC has reminded employers that Coronavirus Job Retention Scheme (CJRS) claims for periods ending on or before 30 June 2020 must be made by 31 July 2020. Employers and agents must submit all CJRS claims for periods ending on or before 30 June 2020 by 31 July 2020. After this date, it will not be...
HomeCategory
Payroll
UK chancellor Rishi Sunak has announced new measures “plan for jobs” including bonuses for employers, VAT and stamp duty cuts, home improvement vouchers and eating-out discounts. The finance minister made his summer statement or ‘mini-budget’ in parliament on Wednesday. Today the Chancellor announced the introduction of the Job Retention Bonus. This is a one-off payment...
There are tough times where tough choices are being made by the businesses. Many directors have been deferring or waiving some or all of their remuneration. Few things to consider: You have to irretrievably give up your rights to the remuneration prior to the payment date. Employers must remember that the payment of a salary,...
Chancellor Rishi Sunak has announced changes to the government’s Job Retention Scheme (JRS). The changes to the scheme will gradually wind down over the next few months. The changes mean businesses will be able to bring furloughed employees back on a part-time basis from 1 July. Furloughed staff will continue to get 80% of...
The government is ready to launch an online service (portal) for employers to claim under the Coronavirus Statutory Sick Pay Rebate Scheme. Under the scheme, employers can claim the payments they have made to their employees during the coronavirus (COVID-19) pandemic. The portal for claiming under the SSP rebate scheme will open on 26 May....
The Coronavirus Statutory Sick Pay Rebate Scheme will repay employers the current rate of SSP that they pay to current or former employees for periods of sickness starting on or after 13 March 2020. The employer who pays more than the current rate of SSP can only claim the current rate amount. The repayment will...
Struggling self-employed people will have to wait for the Government to come up with a “deliverable and fair” coronavirus support package, Chancellor Rishi Sunak has said. Boris Johnson’s Government has come under sustained pressure to provide financial help for self-employed workers, who face a dramatic loss of income if forced to take time off for...
You can claim a grant through the coronavirus (COVID-19) Self-employment Income Support Scheme. Use this scheme if you’re self-employed or a member of a partnership and have lost income due to coronavirus. This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per...
Employment Allowance was introduced in 2014 in order to reduce the NIC’s liability for small to medium businesses by £3,000. The eligibility rules for an employer claiming the EA will change from April 2020. This measure increases the maximum EA by £1,000 to £4,000 from April 2020. This means eligible businesses and charities will...
The government has announced a one-year delay to controversial changes to IR35 due to the coronavirus pandemic. This gives businesses a further year to make the necessary changes. HMRC’s Announcement about IR35 changes: Changes to the off-payroll working regime will not take effect until April 2021 due to the coronavirus pandemic, HMRC confirms. In light...
Offices
Leeds: 94 Street Lane, LS8 2AL
Batley: 504B Bradford Road, WF17 5JY
Bradford: 22 Muirhead Drive, BD4 0HJ
Birmingham: 9 Sheaf Lane, Coventry Road,B26 3EJ
London: 180 King's Cross Rd, London, WC1X 9DE
Batley: 504B Bradford Road, WF17 5JY
Bradford: 22 Muirhead Drive, BD4 0HJ
Birmingham: 9 Sheaf Lane, Coventry Road,B26 3EJ
London: 180 King's Cross Rd, London, WC1X 9DE
OUR LOCATIONSWhere to find us
CareAccountancyOffices
Leeds: 94 Street Lane, Leeds
Batley: 504B Bradford Road, WF17 5JY
Bradford: 22 Muirhead Drive, Bradford, BD4 0HJ
Birmingham: 9 Sheaf Lane, Coventry Road, Birmingham
London: 180 King's Cross Rd, London, WC1X 9DE
Batley: 504B Bradford Road, WF17 5JY
Bradford: 22 Muirhead Drive, Bradford, BD4 0HJ
Birmingham: 9 Sheaf Lane, Coventry Road, Birmingham
London: 180 King's Cross Rd, London, WC1X 9DE
OUR LOCATIONSWhere to find us
GET IN TOUCHCare Accountancy Social Links
Copyright by CareAccountancy. All rights reserved.
Copyright by CareAccountancy. All rights reserved.