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Coronavirus Job Retention Bonus

Coronavirus Job Retention Bonus

Employer’s will be able to claim a one-off payment of £1,000 for every employee that was previously furloughed if they remain in employment at 31st January 2021. To be eligible the employee must have earnt at least £520 a month on average between 1st November 2020 and...

Furlough Scheme Changes

Furlough Scheme Changes

The furlough scheme is due to end in October 2020. From 1 st August 2020, businesses will have to start paying National Insurance and Pension Contributions for those employees on the furlough scheme. The government will continue to pay 80% of the wages up to the...

Deferral of VAT payments

Deferral of VAT payments

If you deferred any VAT payment between 20 th March 2020 and 30 th June 2020, you will need to pay this in full before 31 st March 2021. Do not forget to set up your Direct Debit again if you cancelled this. VAT returns subsequent to 30 th June 2020 will need to be...