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Due to the current change in circumstances and the second lockdown declared on the 31st October, the Furlough Scheme will now be extended for the duration of the lockdown period, while the Job Support Scheme will be postponed. These are the essentials employers need to know.
On the 24th September, Rishi Sunak published the government’s winter economy plan. In it, the Chancellor introduced the new Job Support Scheme (JSS) which will replace the current Job Retention Scheme (CJRS); aka the Furlough Scheme, from the 1st November 2020. The new Job Support Scheme is planned to run for six months, until the 30th April 2021.
Amid the transition from the Coronavirus lockdown into a new form of normality, the chancellor Rishi Sunak has presented his economic plan towards financial recovery. The new measures which were mostly welcomed by industry leaders were described by some as unprecedented.
Here is a summary of the main changes introduced.
A good forecasting exercise isn’t merely about looking at the facts, it’s also a chance to ask ‘what if?’
Ultimately, this allows you to look at different scenarios and test the impact, enabling you to see more clearly how you would be affected by any changes in income or expenditure.
With Coronavirus causing so much uncertainty, now is a very good time to do a forecasting exercise.
To make sure that your business is heading in the right direction, its important you lay out a business plan so that you can focus on your targets, ensuring every new assignment you undertake is moving you closer to your goals.
The Self-Employment Income Support Scheme (SEISS) reopens for claims this August. Here’s what you need to know.
In this guide, we will cover the main changes to the Self-Employment Income Support Scheme (SEISS). Namely, the amount of available grant for you, from August and the eligibility requirements to submit a claim.
How to maximise your tax efficiency this year?
There are many solutions you should be aware of in order to fully optimise your take home pay in 2020/21.
To help you get started today, here’s a quick review of some of the benefits available for you and your business.
Chancellor Rishi Sunak has introduced some changes to Coronavirus Job Retention Scheme (CJRS) and announced a further extension to the Self-Employment Income Support Scheme (SEISS). As Britain moves into the first stage of easing the lockdown.
On May 6th, upper tribunal judges, Zacaroli and Scott gave a key ruling in regards to one of IR35’s most disputable factors – ‘Mutuality of Obligation’. Read the full story
Even during these troubled and uncertain Coronavirus times, starting a small business is an exciting step. It puts you firmly in control of your own destiny and earning power while also being a very tax-efficient way...