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CLIENT ALERT – 17 December 2020 Furlough Scheme extended

Source material: Press release – https://www.gov.uk/government/news/chancellor-extends-furlough-and-loan-schemes#:~:text=The%20furlough%20scheme%20has%20been,Year%2C%20the%20Chancellor%20announced%20today.

Dear client,
The Chancellor made a number of surprise announcements, 17 December 2020. In what must be a response to the continuing resilience of coronavirus, he has extended the furlough scheme and the closing date for government backed loan applications.

Details of the changes are:
• The furlough scheme was due to end […]

By |December 18th, 2020|Payroll|0 Comments

CLIENT ALERT – 23 October 2020 Additional Support for businesses affected by coronavirus disruption

CLIENT ALERT – 23 October 2020

Additional Support for businesses affected by coronavirus disruption

In a welcome announcement yesterday, the Chancellor, Rishi Sunak, revealed a raft of changes to the Job Support Scheme (JSS), the Self Employed Income Support Scheme (SEISS) and the Local Restriction Support Grants (LRSG). The changes will re-establish more realistic support for businesses […]

By |October 23rd, 2020|Company Matters, Payroll, Success in Business, Uncategorized|0 Comments

The Job Support Scheme – more details

More information has now been published to the GOV.UK website regarding the Job Support Scheme (JSS). The new scheme will commence 1 November 2020, for a six month period, when the present furlough scheme ends.
A short summary of the key facts follows.
Who is eligible?
Conditions for employers:
• JSS in available to employers with a UK bank account […]

By |September 25th, 2020|Finance, Payroll|0 Comments

AUTUMN STATEMENT 25 NOV 15

HIGHLIGHTS

In the first combined Spending Review and Autumn Statement since 2007, the Chancellor’s emphasis was on expenditure. He nevertheless made a range of tax-related announcements, the main ones being:

Stamp duty land tax (SDLT) From 1 April 2016 SDLT rates will be increased by 3% for the purchasers of buy-to-let and second homes. From April 2019, […]