Yesterday, the Chancellor announced significant changes to the Job Support Scheme (JSS), which will have a positive effect on many businesses affected by the pandemic. Old Scheme As a reminder, the old scheme required employees to work a minimum of a third of their normal working hours, which the employer would pay as normal and […]
We all have the tendency to work-work-work and forget about ourselves. That’s okay on occasion, but not on the long run, so it’s good to keep your mental health in check to avoid running into health problems. Here are 6 tips to stay mentally healthy at work. 1. Fresh air and physical exercise Fresh air […]
COVID-19 3 TIER ALERT SYSTEM Yesterday, the Prime Minister announced the introduction of a 3-tier alert system in England for local restrictions, in a bid to avoid another national lockdown. The 3 tiers are as follows: LEVEL RESTRICTIONS MEDIUM Rule of 6 indoors & outdoors. Pubs & restaurants to close at 10pm. […]
As announced by the Chancellor last week, Self Assessment customers can now apply online to spread the cost of their tax bill into monthly payments without the need to call HMRC. The online self-serve ‘Time to Pay’ service, has been increased to £30,000 for Self Assessment customers, to help ease any potential financial burden they […]
Reminder of CJRS claim for October From 1st October, the employee will still receive 80% of salary, up to a maximum of £2,500 (gross) per month, however, the government contribution will be a maximum of 60%. This means that the maximum amount an employer can claim via the CJRS is 60% of salary or a maximum […]
The Kickstart Scheme provides funding to employers to create job placements for 16 to 24 year olds. How the scheme works You can use the Kickstart Scheme to create new 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment. The job placements should support the participants […]
Millions of self-employed people whose livelihoods have been affected by coronavirus will be able to claim a second payment of up to £6,570 from today – as the government continues to help drive the UK’s recovery. second stage of Self Employment Income Support Scheme (SEISS) opens for applications today those eligible will receive a government […]
From 1 September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. Employers will still need to pay furloughed employees 80% of their usual wages for the hours they do not work, up to a cap of £2,500 per month. Employers will […]
Changes to the Coronavirus Job Retention Scheme from 1 August mean that employers will need to pay National Insurance (NI) and pension contributions for furloughed employees from their own resources as these will not be covered by future grants. Make sure you have the latest information by joining a live webinar: Extension to the Coronavirus […]
Small businesses depend on their established customer base, so the idea of raising prices can be scary; this causes SMEs to be caught in a cycle of undercharging for their product, which can lead to devastating effects. There are, however, several methods that will help minimise the potential damage of price structure changes. Distinguishing value […]