Nov 30 2020 VAT Payment Deferral Categories: Amber AccountingCOVID-19Taxation As announced by the Chancellor in his Winter Economy Plan, businesses that deferred their VAT payments earlier this year will now have the option to pay in smaller increments over a longer period. Those that deferred VAT due from 20 March to 30 June initially had until 31 March 2021 to fully pay any outstanding more
Nov 2 2020 Coronavirus Job Retention Scheme extended until December Categories: Amber AccountingCOVID-19Payroll Update: Since this article was published the Chancellor, Rishi Sunak, announced a further extension to the CJRS until 31 March 2021. You can read more here. The Government announced late on Saturday 31 October 2020 that the Coronavirus Job Retention Scheme (CJRS) will be extended until December. The CJRS extension will be open to employers across the more
Oct 27 2020 Further changes announced for the Job Support Scheme Categories: Amber AccountingCOVID-19 Chancellor Rishi Sunak announced further changes to the Job Support Scheme (JSS), creating two variations – JSS Open and JSS Closed. Starting on 1 November 2020, and running for 6 months until April 2021, both grants will offer additional support for employees whose working hours may be reduced over the winter months. JSS Open The more
Sep 8 2020 Celebrating our Payroll team during National Payroll Week Categories: Amber AccountingPayroll With many businesses finding it difficult to keep on top of the frequent, complicated changes to legislation and how payroll is processed, especially in recent months, it can be reassuring to have a reliable payroll team who understand the nuances of your business and are able to provide an accurate, efficient and cost saving payroll more
Aug 10 2020 What you need to know about the Job Retention Bonus Categories: Amber AccountingCOVID-19 Announced by the Chancellor in the summer statement, the Job Retention Bonus aims to reward employers who successfully bring back furloughed employees and keep them in meaningful employment after the Coronavirus Job Retention Scheme (CJRS) ends on 31 October 2020. Employers will be able to claim a one-off payment of £1,000 for every eligible furloughed more
Jul 29 2020 Overview of upcoming changes to CJRS Categories: Amber AccountingCOVID-19Payroll As we mentioned in our previous article, CJRS closed to new entrants on 30 June and flexible furlough was introduced in July. Now, further changes are about to come into force as the Government begin to taper away their contributions from August onwards. Our dedicated payroll team have been advising our clients on what the more
Jun 18 2020 Coronavirus Job Retention Scheme – Flexible Furlough from 1 July Categories: Amber AccountingCOVID-19Payroll As announced on Friday 29 May, flexible furlough, allowing furloughed employees to come back to work part time, will begin from 1 July. HMRC issued in-depth guidance on how the scheme will change from July and we’ve highlighted the main points you need to be aware of in order to make claims moving forward. As more
May 26 2020 The Coronavirus Statutory Sick Pay Rebate Scheme is now live Categories: Amber AccountingCOVID-19Payroll The Coronavirus Statutory Sick Pay Rebate Scheme, which repays employers the Statutory Sick Pay (SSP) paid to current or former employees who have been off sick as a result of COVID-19, is now live on the Gov website. You are eligible to use the scheme as an employer if: you’re claiming for an employee who’s eligible more
