Covid 19 Furlough Update.

Still undecided on furloughing employees?

Today is the last day employers can place employees on furlough who have so far not been on the government’s job retention scheme. 

Employees who have previously been furloughed can however be furloughed again in the future.


SEISS SCHEME EXTENDED

You’ll be able to make a claim for a second and final grant in August 2020.

The online service for the second and final grant is not available yet. 

The second and final grant will be a taxable grant worth 70% of your average monthly trading profits capped at £6,570 in total.


CONFIRMED

Furlough scheme extended till October with employers meeting 10% of the cost in September & 20% of the cost in October.

Employers will also have the ability to recover furlough payments for staff that have resumed work on a part time basis.

NB. Employers will pay National Insurance and Pension contributions from August.

Open for Business

We have partially re-opened our offices with a minimal workforce adhering to social distancing.

You can now reach us on the usual office number - 01384 401050 and we can also offer a contact free drop off for any clients wishing to bring in books and records. 

Hope to see you all (at a 2m distance) soon!

Stay Safe!

Dedicated SEISS Phone Number

HMRC have now updated their guidance and for anyone wishing to apply for the Self-Employment Income Support Scheme (SEISS) but is unable to apply online there is now a dedicated SEISS phone number.

SEISS - 0800 024 1222

SEISS Open for Business.

The UK government’s scheme to support the self-employed has today opened for claims – weeks ahead of schedule.

From 8am this morning self-employed people or members of partnerships whose business has been adversely affected by coronavirus will be able to apply for a Self-Employment Income Support Scheme (SEISS) grant worth 80% of their average monthly trading profits

Furlough scheme Extended!

The furlough scheme has been extended to 31st October 2020 taking pressure off small businesses with employees still being entitled to 80% of their usual pay.

It has not however been made clear what amount of this 80% the employer will be able to reclaim. It is likely that from July onwards there will be a cost to the employer if they continue to furlough any employees.

Further information to follow.

HMRC has updated it's guidance for the Self Employment Income Support Scheme (SEISS)

Many individuals are starting to receive letters. Check if you can claim a grant through the Self-Employment Income Support Scheme

https://www.gov.uk/…/claim-a-grant-through-the-coronavirus-…

If you're self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) find out if you can use this scheme to claim a grant.
 
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If you're self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) find out if you can use this scheme to claim a grant.

 

Clap for the NHS

and all other key workers that are still working through this tough time.
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