Employers will be able to apply for the Job Retention Bonus (JRB) between 15 February 2021 and 31 March 2021. This one-off taxable payment to employers offers £1,000 for each eligible employee that was furloughed and kept continuously employed until … Continue reading
Category Archives: Latest News
Download the Government’s guide to the Job Support Scheme
Many businesses have welcomed the news that the Government will introduce a new scheme to support them with their employment costs once the Coronavirus Job Retention Scheme ends. The new Job Support Scheme will launch on 1 November 2020 and … Continue reading
Chancellor announces new Job Support Scheme and package of business support measures
The Chancellor, Rishi Sunak, has announced a new job protection scheme and a range of new business support measures. Announcing his Winter Economy Plan at a hastily arranged statement in the House of Commons, Mr Sunak said: “Our task now … Continue reading
HM Revenue & Customs (HMRC) writes to 3,000 employers over furlough claims
HM Revenue & Customs (HMRC) is reportedly writing to 3,000 employers over claims they have made for grants from the Coronavirus Job Retention Scheme (CJRS). The ICAEW Tax Faculty says that HMRC began issuing the letters at the end of … Continue reading
Four in five SMEs are confident over their Coronavirus recovery
Four in five UK small to medium-sized enterprises (SMEs) are confident that they will recover from the Coronavirus pandemic, according to research by Starling Bank and the Great British Entrepreneur Awards. The data indicates that 75 per cent of business … Continue reading