20.04.2020
On 20 April, the UK Government announced a new scheme to support early stage and start-up businesses adversely impact by Covid-19 that may be unable to secure finance under the existing Coronavirus Business Interruption Loan Scheme (“CBILS”). Early stage businesses…
20.04.2020
Late on Friday evening the Government issued further guidance on the Coronavirus Job Retention Scheme, including a step by step guide as to how the claim process will operate and illustrations as to how to calculate a grant claim. The…
17.04.2020
Coronavirus Job retention Scheme Update – This update gives the final position before the scheme portal opens on 20 April …
16.04.2020
Further to our previous update it has been clarified that if an employer would like their payroll agent to deal with the processing of their JRS claim in respect of their furloughed staff this will be possible where:
1) The proposed agent is
14.04.2020
Charities, in common with many other employers, have had to face some tough decisions over the past few weeks about the continued employment of their employees. The UK Government, as part of its economic protection measures, announced the job retention scheme as an option to help prevent redundancies. The scheme essentially allows the employer to claim back 80% of a furloughed (laid off) employee’s normal pay (within certain limits) as a grant from the Government.
Paying dividends in lieu of salary is common (and tax efficient) for the vast majority of SME businesses, however directors considering whether to pay a dividend during these current turbulent times s... - read more
