HMRC have announced that the Coronavirus Statutory Sick Pay Rebate Scheme will launch online on 26 May. The scheme will enable employers with fewer than 250 employees to claim coronavirus-related Statutory Sick Pay (SSP). Tax agents will also be able to make claims on behalf of employers. You’re eligible to use the scheme if: you’re Read more about Coronavirus Statutory Sick Pay Rebate Scheme[…]
It’s nearly a month since the Coronavirus Job Retention Scheme opened and many businesses will be preparing to make another claim in order to receive money by the end of May. To ensure you receive a payment by the end of May, you need to apply by Wednesday 20 May. When you make a claim through Read more about Coronavirus Job Retention Scheme[…]
Addressing the House of Commons earlier yesterday, Chancellor Rishi Sunak said: ‘The Coronavirus Job Retention Scheme will be extended by four months until the end of October.’ This extension will mean the government has provided a total of eight months of support to UK workers and businesses during the pandemic. ‘Workers will continue to receive Read more about Job Retention (furlough) scheme to run till October[…]
The SEISS grant portal opens from 8am today (13 May 2020) if you are eligible to apply for a SEISS grant. Payments, are to be paid in a single instalment covering three months and capped at £7,500, and are expected to land in bank accounts by 25 May, or within six working days of your Read more about Self-employment Income Support Scheme (SEISS) portal is now open[…]
This evening HMRC shared the latest information about the Coronavirus Job Retention Scheme, which included updates to guidance and the online service based on your feedback, and how to avoid common mistakes that can lead to a wrong or delayed payment. Save and return option now added In response to feedback from users of the Read more about Coronavirus Job Retention Scheme – Update for employers[…]
Stay vigilant about scams, which may mimic government/HMRC messages as a way of appearing authentic and unthreatening. Should you receive a suspicious text, phone call or email, you should notify HMRC by forwarding suspicious emails claiming to be from HMRC to phishing@hmrc.gov.uk and texts to 60599 Below are some examples of scams that HMRC are aware Read more about Please be aware of scams[…]
Sheffield City Council are asking businesses to complete an impact survey. In their statement they say ‘Covid-19 has impacted on us all. Businesses need help, support and guidance to recover, rebuild and thrive again. Understanding the impact that Covid-19 has had on local businesses and how they have responded during the lockdown will provide hugely Read more about Impact survey[…]
A discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme. This additional fund is aimed at small businesses with ongoing fixed property-related costs. We are asking local authorities to prioritise businesses in shared spaces, regular market traders, small charity properties that would meet Read more about Government announces top up to local business grant funds scheme[…]
A summary of the scheme The scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. This is a temporary scheme, but it may be extended. If you receive the grant you can continue Read more about Check to see if you are eligible for the Self-Employment Income Support Scheme today[…]