The Chancellor of the Exchequer, Rishi Sunak, has announced today (17 April 2020) that the Coronavirus Job Retention Scheme is to be extended by one month until the end of June. This announcement will help provide many businesses with more certainty
The government has confirmed a number of important of announcements regarding the eligibility requirements for using the Coronavirus Job Retention Scheme and the opening of the online portal for applications. The date on which employees can be
The government has published sector-specific guidance for employers in England on social distancing in the workplace during coronavirus (COVID-19). The guidance covers how social distancing and other measures might be implemented by employers to
Once the present lock-down is eased, those businesses that have manged to weather the disruption will be eager to start selling. Sales will be the indicator that receives the most attention; sole-traders, partners and directors will be out of their
There is a temptation to treat expenditure as a cost. The Cambridge Online dictionary defines cost as: “The amount of money needed to buy, do, or make something” What this definition does not do is to expose the difference between a
The Chancellor, Rishi Sunak, has announced an additional £750m of funding for front-line charities to help them to continue their vital work during the COVID-19 pandemic. The £750m is made up of a direct allocation of £360 million
As we have written about previously, the Coronavirus Job Retention Scheme (CJRS) provides significant government support to allow employers to furlough employees and apply for a grant that covers 80% of their usual monthly wage costs, up to
The basic element Working Tax Credit payment has been increased from an expected £1,995 to £3,040 for the 2020-21 tax year that commenced 6 April 2020. This is part of a package of measures to help support families coping with the
HMRC has confirmed that parents of new-borns will still be able to claim Child Benefit despite the outbreak of Coronavirus. The weekly rates of child benefit for the only or eldest child in a family is currently £21.05 and the weekly rate for
The Driver and Vehicle Licensing Agency (DVLA) has confirmed that MOT expiry dates will be extended by 6 months for all MOTs due on or after 30 March 2020. This includes vehicles that are due their first MOT test and applies to cars, motorcycles,
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