Kickstart Scheme opens for applications

Yesterday, 2nd September 2020, the government’s £2 billion Kickstart Scheme opened for employer applications. What is the Kickstart Scheme? The scheme is part of the Plan for Jobs announced during Chancellor Rishi Sunak’s July Summer Economic Update. The Kickstart Scheme aims to create work placements for young people who are at risk of becoming unemployed Read more about Kickstart Scheme opens for applications[…]

Reminder of changes to Job Retention Scheme from 1‌‌‌ ‌September 2020

This is just a reminder about changes to the Coronavirus Job Retention Scheme from 1‌‌‌ ‌September. The changes from 1‌‌‌ ‌September From 1‌‌‌ ‌September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. Employers will still need to pay furloughed employees 80% Read more about Reminder of changes to Job Retention Scheme from 1‌‌‌ ‌September 2020[…]

Job Retention Bonus

Employers will be able to claim a one-off payment of £1,000 for every employee they have previously received a grant for under the Coronavirus Job Retention Scheme, and who remains continuously employed through to the end of Ja‌nu‌ar‌y 2021. To be eligible, the employee must have received earnings in November, December and January, and must Read more about Job Retention Bonus[…]

Job Retention Scheme bonus (Furlough)

Today the Chancellor announced the introduction of the Job Retention Bonus. This is a one-off payment of £1,000 to employers that have used the Coronavirus Job Retention Scheme (CJRS) for each furloughed employee who remains continuously employed until 31‌‌‌ ‌January 2021. The bonus will provide additional support to retain employees. To be eligible, employees will Read more about Job Retention Scheme bonus (Furlough)[…]

Extension of the Coronavirus Job Retention Scheme

On Friday (29‌‌ May) the Chancellor, Rishi Sunak, announced more details about the extension of the Coronavirus Job Retention Scheme. The Chancellor announced three main changes to the job retention scheme: From 1‌‌ July 2020, the scheme will be made more flexible to enable employers to bring previously furloughed employees back part time and still Read more about Extension of the Coronavirus Job Retention Scheme[…]

Coronavirus Statutory Sick Pay Rebate Scheme now open

Following on from our previous post – https://nicholsonandco.co.uk/coronavirus-statutory-sick-pay-rebate-scheme/, the Coronavirus Statutory Sick Pay Rebate Scheme is now open. Before you start You’ll need to: check that you can use the Coronavirus Statutory Sick Pay Rebate Scheme be registered for PAYE Online work out your claim period Work out your claim period You can claim for multiple Read more about Coronavirus Statutory Sick Pay Rebate Scheme now open[…]

Coronavirus Statutory Sick Pay Rebate Scheme

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[…]

Job Retention (furlough) scheme to run till October

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[…]