The Trades Union Congress (TUC) states that working parents with children, who struggle to balance their work-life and childcare, should be put on the furlough scheme whilst the schools are closed. Continue reading
Category Archives: Covid-19 Job Retention Scheme & Furloughing
HMRC: Penalty payments for non-compliance increase by 62 per cent
HM Revenue & Customs (HMRC) penalties for non-compliance by taxpayers have risen by 62 per cent, according to the latest research. Continue reading
CJRS: Deadline for November claims fast approaching
Claims under the Coronavirus Job Retention Scheme (CJRS) for November must be submitted no later than 14 December 2020, it has been cautioned. Continue reading
COVID-19: Time is running out to make November furlough claims
Businesses have just days left to make a claim for staff furloughed in November, with the deadline ending on 14 December 2020. Continue reading
HMRC’s amended guidance on late furlough claims
On 19 November 2020, the Government amended its guidance to give examples of what is meant by a ‘reasonable excuse’, for submitting furlough claims past the deadline. Continue reading
Businesses return £215 million furlough payments to the Government
According to HM Revenue and Customs (HMRC), more than £215 million of Coronavirus Job Retention Scheme (CJRS) payments have been willingly returned to the Government by UK firms, out of £35.4 billion worth of claims up until 16 August. Continue reading
Coronavirus Job Retention Scheme rejects claims after employer accounting errors
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned businesses to get “their data right” or face delays receiving grants under the Coronavirus Job Retention Scheme (CJRS). Continue reading
HMRC confirms unused Employment Allowance can be used to reduce other tax costs
Employers who delay their Employment Allowance claim and have unused Employment Allowance available at the end of the tax year “can use this to reduce other tax costs”, it has been confirmed. Continue reading
COVID-19: The key dates for your tax diary
There are a number of Government support measures to help businesses through the coronavirus pandemic, as well as various business tax obligations being deferred. However, it can be difficult to keep track of all of the dates, deadlines and requirements, with many being amended, delayed or deferred over the past few months. Continue reading
One in 10 firms unable to reopen safely under current guidance, study reveals
One in 10 firms are unable to open safely under the Government’s current health and safety guidance, a major study has revealed. Continue reading