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
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
