Further information available on the Job Support Scheme

Dear @PAYadvice, We’re writing to let you know that we have published further information on the Job Support Scheme – including how you can check if you or your clients are eligible and when you can make your first claim. You can find this on GOV‌‌‌‌.UK by searching 'Job Support Scheme'. Job Support Scheme The Job Support … Continue reading Further information available on the Job Support Scheme

Further guidance on business support schemes, including recent government announcements

Dear @PAYadvice, We’re writing to provide you with further information on the support schemes available to help you and your clients through the COVID-19 pandemic: Job Support SchemeExpansion of Job Support SchemeJob Retention BonusCoronavirus Job Retention SchemeVAT Deferral New Payment Scheme. Job Support Scheme The government recently announced the Job Support Scheme (JSS) to protect … Continue reading Further guidance on business support schemes, including recent government announcements

Small business guide to Cyber Security

The National Cyber Security Centre’s (NCSC) re-launched Small Business Guide sets out five key areas for businesses to help improve their cyber security. “By acting on the guide’s five key recommendations, small businesses can significantly reduce their chances of falling victim to a cyber attack and help to keep their day-to-day operations running smoothly.” The … Continue reading Small business guide to Cyber Security

Students warned of tax scam dangers

HMRC has written to universities, through Universities UK, asking them to help ensure their students know how to spot a scam. Students are being warned by HM Revenue and Customs (HMRC) that they could be targeted by a wave of tax scams. As new students start the academic year, they can be particularly vulnerable to … Continue reading Students warned of tax scam dangers

New COVID-19 support schemes announced

Dear @PAYadvice, Additional government support has been announced this week for businesses and employees impacted by coronavirus (COVID-19) across the UK. This includes a new Job Support Scheme to protect the jobs of millions of people returning to work, extending the Self-Employment Income Support Scheme, extending the VAT cut (from 20% to 5%) for the … Continue reading New COVID-19 support schemes announced

Important updates to the Coronavirus Job Retention Scheme

Dear @PAYadvice, We’re writing to let you know about upcoming changes to the Coronavirus Job Retention Scheme (CJRS) and what this means for you.  From 1‌‌ October, HMRC will pay 60% of usual wages up to a cap of £1,875 per month for the hours furloughed employees do not work. What you need to do from 1‌‌ October  Continue to … Continue reading Important updates to the Coronavirus Job Retention Scheme

Paying Coronavirus Job Retention Scheme grants back

HMRC have issued new guidance for employers on how to repay grant money. If you’ve claimed too much through the Coronavirus Job Retention Scheme, or you’d like to make a voluntary repayment because you do not want or need the grant to pay your employees’ wages, tax and National Insurance and pension contributions, you can … Continue reading Paying Coronavirus Job Retention Scheme grants back

Tax Gap & the Job retention fraud

HMRC Chief Executive appears at Public Accounts CommitteeJim Harra, HMRC’s Chief Executive and First Permanent Secretary, appeared at the Public Accounts Committee (PAC) today. You can watch his appearance. Jim Harra, Public Accounts Committee Jim was asked to comment on a range of topics including the tax gap, EU transition the and the Coronavirus Job … Continue reading Tax Gap & the Job retention fraud

Corporate Criminal Offences – more than just a legislative tool, and why you should care

HMT by PSP (c)2019 Customer Stakeholder Engagement Team| HM Revenue & Customs have provided the following: Back in September 2017, legislation was introduced which can hold a corporate liable if it fails to prevent any associated person from facilitating tax fraud. This is known as the Corporate Criminal Offences (CCO). It is easy to see … Continue reading Corporate Criminal Offences – more than just a legislative tool, and why you should care

Changes to the Coronavirus Job Retention Scheme from today (1st September 2020)

Dear @PAYadvice We’re writing to remind you about changes to the Coronavirus Job Retention Scheme (CJRS)from today and what this means for you or your clients.  From 1‌‌ September HMRC will now pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. What you or your clients need … Continue reading Changes to the Coronavirus Job Retention Scheme from today (1st September 2020)

Employers with furlough discrepancies being contacted by HMRC

The Job Retention Scheme has assisted 9.6 million jobs with over 1.2 million employers have made furlough grant claims. Whilst on furlough, employees are not permitted to work, originally for a period of 21 days, whilst receiving furlough pay. Tax payers, is the government grants, funded 80% of earnings plus employers NIC and a base … Continue reading Employers with furlough discrepancies being contacted by HMRC

Important information about the Job Retention Bonus

Dear PAYadvice.UK We’re writing to let you know that we have published additional information on the Job Retention Bonus, including details on how to check if you’re eligible and what you need to do now to get ready to claim. You can find this by going to GOV‌.UK and searching ‘Job Retention Bonus – Policy … Continue reading Important information about the Job Retention Bonus

How changes to the Coronavirus Job Retention Scheme on 31 July impact you

Dear PAYadvice, We’re writing to remind you about changes to the Coronavirus Job Retention Scheme (CJRS) from 31 J‌ul‌y and what to do if you have claimed too much. What you need to do before 31 J‌ul‌y Submit your CJRS claim for periods ending on or before 30 June 2020 by 31 J‌ul‌y 2020. This … Continue reading How changes to the Coronavirus Job Retention Scheme on 31 July impact you

Furlough grant – claimed too much or not enough

Announced on 20th March 2020, the Coronavirus Job Retention Scheme has helped save over 9.5 million UK jobs and aided keeping Britain paid. Employers could claim 80% of reference pay plus the employer aspects of National Insurance and the employer minimum banded Pension Contributions. The guidance has evolved and developed with many revisions. Employers anxious … Continue reading Furlough grant – claimed too much or not enough

Benefits fraudsters are shown the red light by government scheme

Almost £2 billion of fraud and overpayments detected since National Fraud Initiative launched. Since it was set up in 1996, the National Fraud Initiative has identified thousands of attempts to defraud taxpayers, with attempts to steal money from pension frauds, council tax claims and even the abuse of disabled parking badges. Between April 2018 and … Continue reading Benefits fraudsters are shown the red light by government scheme

Key dates update – #coronavirus Job Retention Scheme

Dear @PAYadvice, We’re writing to remind you about key dates for the Coronavirus Job Retention Scheme (CJRS) and actions you might need to take. Key dates  Submit your CJRS claim for periods ending on or before 30‌‌‌ ‌June 2020 by 31‌‌‌ ‌July 2020. This is the last date you can make those claims. You need to … Continue reading Key dates update – #coronavirus Job Retention Scheme

Employees encouraged to report furlough cheats

The government states ‘The Job Retention Scheme was put in place to save jobs’. HM Revenue and Customs are asking employees to help protect the scheme and U.K. taxpayers who fund it by reporting cheats. If employees are concerned that their employer is or has abused the scheme, to report their employer to HMRC. Over … Continue reading Employees encouraged to report furlough cheats