Jul 6 2021 Employer contribution changes to the CJRS Categories: Amber AccountingCOVID-19Payroll The Coronavirus Job Retention Scheme (CJRS) was extended until 30 September 2021, with employers asked to contribute towards the cost of their furloughed employees’ wages from July onwards. As a reminder, we’ve highlighted the changes in the table below: *If the employee is furloughed for 100% of their working hours. The timetable will change if, for more
Apr 9 2021 Dext Partner certified Categories: Amber AccountingBookkeepingCloud AccountingTechnology Recent times have shown us just how important technology is when it comes to keeping your business going while working from home. As part of our ongoing effort to improve our remote working processes, we are excited to announce that our Amber Accounting team have recently achieved Partner certification with Dext, previously Receipt Bank, the award-winning more
Mar 29 2021 Payroll Year End 2021 Categories: Amber AccountingPayroll With April fast approaching, it’s time to familiarise yourself with Year End filing procedures and deadlines. There are a number of things you need to do for a successful payroll year end but key to this is submitting your final payroll of the 2020/21 tax year to HMRC by 19 April 2021. Here are some of the more
Feb 24 2021 Minimum Wage increases from April 2021 Categories: Amber AccountingPayroll The government has announced increased minimum wage rates that will take effect from 1 April 2021. The National Living Wage (NLW) will increase by 2.2% from £8.72 to £8.91 and will be extended to 23 and 24 year olds for the first time. For workers aged under 23, Commissioners recommended smaller increases in recognition of more
Feb 23 2021 Finding the right project management software for your business Categories: Cloud AccountingTechnology Our EQ Technology team work closely within the sector to find the best solutions for our clients and understand that one of the most important roles for businesses is to manage the costs and income of individual projects it is undertaking. Projects in IT and technology are often complex and it is important to establish more
Jan 5 2021 Coronavirus Job Retention Scheme – Deadline Dates Categories: Amber AccountingCOVID-19Payroll It was announced on 17 December that the Coronavirus Job Retention Scheme (CJRS) will be extended until the end of April 2021. The criteria will remain unchanged, following the same guidelines that are currently in place with the government continuing to pay 80% of unworked hours for furloughed employees, up to £2,500 per month. If you intend to use the more
Dec 17 2020 Further extension to furlough and loan schemes Categories: Amber AccountingCOVID-19 The Chancellor, Rishi Sunak, has announced that the Coronavirus Job Retention Scheme (CJRS) will be extended by one month, until the end of April 2021. The criteria will remain unchanged, following the same guidelines that are currently in place with the government continuing to pay 80% of unworked hours for furloughed employees, up to £2,500 more
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
