COVID-19: Government to cover employer NICs and pension contributions of furloughed workers
02 Apr 2020
The Government has announced that it will cover employer National Insurance Contributions (NICs) and pension contributions of furloughed workers.
Read Full StoryGovernment updates guidance on small business and retail sector grant schemes
02 Apr 2020
The Government has published new guidance for local authorities on the small business and retail sector grant schemes. These are one of several measures introduced by the Government to help businesses that are most at risk of failure due to the actions taken to prevent the spread of the Coronavirus. As previously discussed in our […]
Read Full StoryGovernment confirms that furlough rules do not leave employers at risk of breaching minimum wage rules
02 Apr 2020
The Government has confirmed in its guidance for the operation of the Coronavirus Job Retention Scheme (CJRS) that employers will not be at risk of breaching minimum wage rules where they opt not to top-up the wages of furloughed employees. The CJRS was announced by the Chancellor shortly before the Stay at Home rules came […]
Read Full StoryNewly appointed staff members will not benefit from the Coronavirus Job Retention Scheme
02 Apr 2020
Thousands of employees who have started a new job after the 28 February 2020 will not be able to benefit from the Coronavirus Job Retention Scheme (CJRS) and may need to be laid off or sacked to help businesses cut costs. To be eligible for the scheme, which covers 80 per cent of a furlough […]
Read Full StoryPreparations Checklist
30 Mar 2020
To help you plan through this pandemic, we have put together a checklist to help you mitigate some of the business impacts: Consult with employees, on matters including: Statutory sick pay Coronavirus Job Retention Scheme Redundancies and layoffs Defer tax payments by establishing Time to Pay agreements with HM Revenue & Customs (HMRC), for: PAYE […]
Read Full StoryCoronavirus Business Interruption Loan Scheme (CBILS)
30 Mar 2020
Small to medium-sized businesses in the UK are now able to apply for finance via the Coronavirus Business Interruption Loan Scheme (CBILS) to help them deal with the operating costs of their business and to assist with maintaining cash flow. To help you apply for a loan, we have answered some common queries below: Am […]
Read Full StoryBusiness rates relief extended
30 Mar 2020
Two significant elements of the measures announced by the Government to ease the financial impact of the Coronavirus crisis have been business rates reliefs and grants to certain ‘at risk’ businesses. These include grants for businesses in the hospitality, leisure and retail sectors, a grant for businesses that pay no or little business rates and […]
Read Full StoryEmployment
30 Mar 2020
Many businesses will be struggling with a variety of issues due to the impact of the Coronavirus outbreak, but a key consideration for many will be employment costs and staff safety. The Government has taken significant steps to help businesses protect jobs by introducing measures that seek to subsidise wages and provide refunds for those […]
Read Full Story