On 26 June 2020, the Chancellor, Rishi Sunak made a further (third) Treasury Direction under sections 71 and 76 of the Coronavirus Act 2020 concerning the Coronavirus Job Retention Scheme (CJRS). There are a number of important changes to the way … Continue reading Coronavirus Job Retention Scheme Updates
If you have employees working from home during Coronavirus, read on to find out which expenses are allowable. To help employers see what expenses they could pay employees during the Covid-19 outbreak, HMRC published guidance entitled “Check … Continue reading What Expenses Can Employees Claim When Working From Home?
The Chancellor, Rishi Sunak, has announced more details about the extension of the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme, and we’ve outlined these below for you. Coronavirus Job Retention … Continue reading Updates From The Chancellor – CJRS and SEISS
Launching Today the Self-Employment Income Support Scheme for Sole-traders and those in a Partnership whose business has been affected by coronavirus. This Scheme is designed to match the support being given to furloughed employees. Those able … Continue reading The Self Employed Income Support Scheme Launches Today!
Chancellor, Rishi Sunak has announced that the Governments' Job Retention Scheme will remain open until the end of October. To date the CJRS has kept 7.5 million workers employed, with almost 1 million businesses having taken advantage of the … Continue reading CJRS Extended Until October
During the Pandemic, access to and information on help for the self employed, and partnerships has been delayed and often unclear, with those affected waiting to hear when the scheme would be available and unable to contact HMRC for any information. … Continue reading Further Updates On The Self Employed Grant Scheme
The Higher Income Child Benefit Charge (HICBC) was introduced in January 2013. Individuals with income over £50,000 per annum are liable to pay an income tax charge on Child Benefit payments they or their partner receive. Read more on the HICBC … Continue reading Impact Of Covid-19 On High Income Child Benefit Charge
Following confirmation by the Office of Budget Responsibility confirming what we all suspected - that the Coronavirus pandemic will have a significant impact on the Global economy, Chancellor Rishi Sunak announced the launch of the Bounce Back Loan … Continue reading Bounce Back Loan Scheme Announced By Chancellor
The Pensions Regulator have advised they are "working with HM Treasury and the Department for Work and Pensions to feed into the Coronavirus Job Retention Scheme’s central guidance on the pensions element of the grant. The guidance below addresses … Continue reading COVID-19 guidance for employers: Auto enrolment and pension contributions
During what is undoubtedly a challenging time for employees and employers, it is important to recognise if you need to take annual leave for its general health benefits such as your mental well being and ensuring that if you are still working that … Continue reading Taking Annual Leave During Coronavirus
After much anticipation following the announcement of Government support measures for Businesses, the new Furlough system from HMRC will be up and running from 20th April, and we need to start declaring those employees you would like to … Continue reading Furlough Scheme Is Ready From 20th April
Avanti share FAQs on the CJRS, from the information needed to claim to tax implications and NI deductions. What information is required to make a claim? To claim, you will need: your PAYE reference numberthe number of employees being … Continue reading Coronavirus Job Retention Scheme: FAQs