(Updated: Friday 17th April) In the Wednesday briefing the Government announced that the eligible date for an employee to be included in the Job Retention Scheme claim has been moved to 19th March (the day before the scheme was announced). This change means that many employees who previously didn’t qualify to be included in the…Read More
The Pensions Regulator (TPR) has been explicit that it expects employers to continue contributing. It has, however, stated: “We know this is a challenging time for everyone and we recognise the strain this is putting on employers. We will take a proportionate and risk-based approach towards enforcement decisions, in light of these challenging times, with…Read More
The UK Government have put together a hub for business information giving full links and information on the schemes that are currently available. (Please remember there are other/alternative schemes from the Scottish Governments links on our main Coronavirus Support Page Particularly for the Coronavirus Business Interruption Loan Scheme (CBILS) it includes links to the British…Read More
On Friday 20th March the UK Government announced it’s next set of support measures for the UK economy. The most significant of these measures was the announcement that businesses would be able to recover 80% of salary of workers who have had to be ‘furloughed’ due to Coronavirus up to a maximum of £2,500 per…Read More
This blog is to try and drag together a few points which have come out of a broadcast FSB business advice webinar. As you can imagine there were lots of questions fired at the panelists, some of the ‘key discussion points’ that came up were: Cash Flow – If you are struggling to get customers…Read More
Yesterday afternoon the UK Government announced further measures to assist businesses through the current Coronavirus problems. The overall guidance page issued by the UK Government remains at https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19 The detailed support for business can be found at https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses The latest measures from the Scottish Goverment (as of 14th March) are at https://www.gov.scot/news/gbp-320-million-package-of-support-for-businesses/
As usual at the beginning of the new tax year changes will be needed to your payroll – such as uplifts to minimum wage, pension contributions and tax code changes. This year from 6th April 2019 there is an additional change to the information that employers are required to show on their employees’ payslips if…Read More