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Filtered By Category: EQ Accounting

Jan 5 2021

Coronavirus Job Retention Scheme – Deadline Dates

Categories: COVID-19EQ AccountingPayroll

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: COVID-19EQ Accounting

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: COVID-19EQ AccountingTaxation

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: COVID-19EQ AccountingPayroll

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: COVID-19EQ Accounting

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: EQ 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: COVID-19EQ Accounting

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