FINANCE AND LAW

CJRS: How to Work Out 80% of Employees’ Wages, NI and Pension Contributions

Posted: 16 May 2020
HMRC updated their CJRS guidance. Learn how to work out 80% of your employees' wages, National Insurance contributions and pension contributions.
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Furlough Scheme Extended Until October

Posted: 13 May 2020
From August, furloughed workers will be able to return to work part-time with employers being asked to pay a percentage towards the salaries of their furloughed staff.
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£171,000

Posted: 28 April 2020
The average value of a Coronavirus Business Interruption Loan Scheme (CBILS) loan stands at £171,000.
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New Bounce Back Loans Scheme for SMEs to Be Launched Next Monday

Posted: 27 April 2020
Small businesses will be able to borrow between £2,000 and £50,000 and access the cash within days.
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Final Details of Coronavirus Large Business Interruption Loan Scheme Unveiled

Posted: 21 April 2020
This scheme helps large businesses affected by coronavirus (COVID-19) to access loans of up to £25 million.
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Companies House Will Temporarily Pause Strike Off Process

Posted: 19 April 2020
The changes announced on 16 April will help businesses avoid being struck off the Companies House register.
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Chancellor Extends Furlough Scheme to End of June

Posted: 17 April 2020
Coronavirus Job Retention Scheme extended by one month to reflect continuing social distancing measures.
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Claim a Grant Through COVID-19 Self-Employment Income Support Scheme

Posted: 14 April 2020
Use this scheme if you're self-employed or a member of a partnership in the UK and have lost income due to coronavirus.
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4 Months to Respond to Trade Mark Examination Reports Now, Says IPO

Posted: 14 April 2020
Following the unprecedented disruption caused by Coronavirus and the closure of Intellectual Property Office (IPO) buildings, there are some alterations to the services the government agency is providing at present.
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Government Announces a New Scheme for Larger Companies

Posted: 3 April 2020
The Chancellor Rishi Sunak has taken further action today to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies.
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National Minimum and Living Wage Increases Come into Effect

Posted: 1 April 2020
The 2020 National Living Wage comes into effect today (Wednesday 1 April), a 6.2% increase on the previous rate.
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Employers to Claim for Temporary Leave Wage Costs for 3 Months

Posted: 26 March 2020
Find out if you’re eligible and how much you can claim to cover wages for employees on temporary leave (“furlough”) due to coronavirus (COVID-19).
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Companies Given 3-Month Extension Period to File Accounts During COVID-19

Posted: 25 March 2020
Businesses will be given an additional 3 months to file accounts with Companies House to help companies avoid penalties as they deal with the impact of COVID-19.
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Coronavirus Business Interruption Loan Scheme (CBILS) Is Now Available Through Participating Lenders

Posted: 23 March 2020
The scheme will help smaller businesses withstand disruptions caused by the coronavirus outbreak.
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31 Million Taxpayers to Get April Tax Cut

Posted: 21 March 2020
31 million people to benefit from a tax cut, as National Insurance contributions thresholds to rise to £9,500 per year.
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