Chancellor extends furlough and loan schemes

certainty for millions of jobs and businesses as furlough scheme extended until the end of April 2021businesses struggling will have now until the end of March to access government generous loan schemesChancellor also confirmed that the Budget will be on the 3 March and set out the next phase of the plan to tackle the … Continue reading Chancellor extends furlough and loan schemes

Treasury Direction in relation to the Extension of the Coronavirus Job Retention Scheme.

On 13th November, the Chancellor made a Treasury Direction under Section 71 and 76 of the Coronavirus Act to extend and modify the effect of the Coronavirus Job Retention Scheme. The Direction sets out that HMRC are responsible for the payment and management of amounts to be paid under the scheme. The schedule to this … Continue reading Treasury Direction in relation to the Extension of the Coronavirus Job Retention Scheme.

Revised Coronavirus Job Retention Scheme (CJRS) guidance has been delivered today as promised

Dear @PAYadvice, Please share the following message sent on behalf of the Chief Executive and Permanent Secretary – HMRC  I’m writing to let you know that new Coronavirus Job Retention Scheme (CJRS) guidance is now available on GOV.UK. To check if you or your clients are eligible and to get ready to claim, go to: Claim … Continue reading Revised Coronavirus Job Retention Scheme (CJRS) guidance has been delivered today as promised

Chancellor statement to the house – Furlough extension

The oral statement of the Chancellor of the Exchequer announcing the extension to the Job Retention a Scheme referred also as furlough can be viewed on the following button: Chancellors statement to the houseFurlough extension PAYadvice.UK 5/11/2020

Coronavirus Job Retention Scheme and Self-Employment Income Support Scheme

Dear @PAYadvice, In our email earlier this week on the extension of the Coronavirus Job Retention Scheme (CJRS), we promised to share any further information with you as soon as it became available. Extension to the Coronavirus Job Retention Scheme – more information available Today the Chancellor has announced that CJRS will be extended until … Continue reading Coronavirus Job Retention Scheme and Self-Employment Income Support Scheme

Government extends Furlough to March and increases self-employed support

Workers across the United Kingdom will benefit from increased support with a five-month extension of the furlough scheme into Spring 2021, the Chancellor announced today, 5 November. businesses and people across the UK given certainty over winter months with further support announced by Chancellor Rishi Sunakthe furlough scheme will now be extended until the end … Continue reading Government extends Furlough to March and increases self-employed support

Extension of the Coronavirus Job Retention Scheme and the Self-Employment Income Support Scheme

Dear @PAYadvice, In light of the increased restrictions needed to curb the coronavirus pandemic, the UK government is introducing additional economic measures to support you and your clients. Coronavirus Job Retention Scheme  The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31 October, will now be extended, with the UK government paying … Continue reading Extension of the Coronavirus Job Retention Scheme and the Self-Employment Income Support Scheme

Furlough Scheme Extended and Further Economic Support announced

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension until the end of March 2021 The Coronavirus Job Retention Scheme has been extended for a month with employees receiving 80% of their current salary for hours not worked and further economic support announced. The UK is being provided with additional financial … Continue reading Furlough Scheme Extended and Further Economic Support announced

Breaking News – Furlough scheme extended to March 2021

“Following the PM’s announcement on further restrictions across the country we have decided to extended the furlough scheme for a further month covering 80% of employees’ wages”. Opinion Here we go again. Just as furlough was ending and JSS introduced, it’s all change. Prepare for everything to be reviewed once again and payroll professionals have … Continue reading Breaking News – Furlough scheme extended to March 2021

ACAS Job Support Scheme agreement templates now available

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. Employers must get written agreement from their employees or workers to temporarily change their working arrangements (or reach written collective agreement with a trade union) before claiming from the … Continue reading ACAS Job Support Scheme agreement templates now available

Employment Related Securities and COVID-19 Job Support Scheme

Although the Coronavirus Job Retention Scheme is ending on 31 October 2020, it is being replaced with the Job Support Scheme. HMRC confirm that employees working less than their usual hours and eligible for the scheme will be treated as being part furloughed for the purpose of SAYE. The extended payment holiday continues to apply … Continue reading Employment Related Securities and COVID-19 Job Support Scheme

Millions of jobs continue to be supported as Job Support Scheme (JSS) launches – now delayed due to extension of CJRS

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. Millions of jobs continue to be supported over the winter with the government’s JSS from Sunday, 1 November. combined with the Job Retention Bonus (JRB), the Job Support Scheme … Continue reading Millions of jobs continue to be supported as Job Support Scheme (JSS) launches – now delayed due to extension of CJRS

Job Support Scheme – Guidance Published (30th October 2020)

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. HMRC have published more details and guidance to assist employers in operating and claiming support through the new Job Support Scheme which commences from Sunday 1st November 2020. Check … Continue reading Job Support Scheme – Guidance Published (30th October 2020)

Tax credit claimants working reduced hours

HMRC have confirmed that ‘Tax credits claimants who are temporarily working fewer hours due to COVID-19 will continue to be treated as working their normal hours until the Job Support Scheme closes, even if they're not using the Scheme’. The Job Support Scheme policy paper states: Working Tax Credits Employees whose hours reduce due to … Continue reading Tax credit claimants working reduced hours

Job Support Scheme Open – what are ‘usual hours’?

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. There are different calculations for working out ‘usual hours’: Fixed hours For those whose pay does not vary usual hours are calculated based upon the greater of: hours contracted … Continue reading Job Support Scheme Open – what are ‘usual hours’?

Job Support Scheme Open – what is ‘reference salary’?

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. Under JSS Open, employers can claim up to a maximum of £1,541.75 per month. Further guidance will set out how to work out reference salary for JSS Closed. Employers … Continue reading Job Support Scheme Open – what is ‘reference salary’?

ACAS provide a Job Support Scheme timetable

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. As Furlough draws to a close and the introduction of the Job Support Scheme begins on the 1st November, The ACAS timetable illustrates what employers need to be aware … Continue reading ACAS provide a Job Support Scheme timetable

Job Support Scheme Open – temporary working agreements

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. To be eligible for the grant employers must have written agreements with their employee (or written collective agreement with a trade union) that they have offered a temporary working … Continue reading Job Support Scheme Open – temporary working agreements

Job Support Scheme and National Minimum Wage

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. Employees are entitled to the National Living Wage, National Minimum Wage or Apprentices Minimum Wage for the hours they are working or treated as working (such as training undertaken … Continue reading Job Support Scheme and National Minimum Wage

Job Support Scheme Open – financial impact test

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. Employers facing decreased demand who can claim JSS Open Employers are eligible to claim the JSS Open if: an employer with 250 or more employees on 23 September 2020 … Continue reading Job Support Scheme Open – financial impact test

Job Support Scheme – which employees?

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. Employees who can be claimed for (JSS Open and JSS Closed) Eligible employers will be able to claim the Job Support Scheme grant for employees who were on their … Continue reading Job Support Scheme – which employees?

Protections for working parents eligible for childcare support

Working parents who are on the Government’s coronavirus support schemes will still be eligible for childcare support even if their income falls below the minimum threshold requirement. The Government has confirmed that from Sunday 1 November, eligible working parents who receive support through the Government’s new Job Support Scheme (JSS) and extended Self-Employed Income Support … Continue reading Protections for working parents eligible for childcare support

Further information available on the Job Support Scheme

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. 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 … Continue reading Further information available on the Job Support Scheme

Job Support Scheme changes 22nd October 2020

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. Plan for Jobs: Chancellor increases financial support for businesses and workers The government today announced it will significantly increase the generosity and reach of its winter support schemes to … Continue reading Job Support Scheme changes 22nd October 2020

Payroll Question Time? – 6th November 2020

SD Worx are hosting its next edition of payroll question time on Friday 6th November 2020 at 2pm with its expert panel of Payroll and Employment law specialists. Have question and want to know more. Don’t know where to turn and are seeking guidance: Job Support SchemeJob Retention BonusCOVID-19 support measuresEmployment law latestLooking to the … Continue reading Payroll Question Time? – 6th November 2020

Rishi Sunak explains ‘the Job Support Scheme‘

I wanted to take a moment to explain how the Job Support Scheme compares to other countries and how it interacts with Universal Credit. JSS not only supports people by paying 2/3rds of their salary but for many the remaining drop in earnings will be covered by the welfare system - up to 90%. Our … Continue reading Rishi Sunak explains ‘the Job Support Scheme‘

October 2020 HMRC Employer Bulletin

Dear @PAYadvice, [The] Employer Bulletin (October 2020, Issue 86) includes all of the latest COVID-19 updates to help [employers] continue to meet [their] payroll obligations to HMRC, including recent government announcements of additional support for businesses and employees. We’ve included the latest update on both the Coronavirus Job Retention Scheme and the Job Retention Bonus, … Continue reading October 2020 HMRC Employer Bulletin

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

Job Support Scheme expanded to firms required to close due to Covid Restrictions

The government’s Job Support Scheme (JSS) is expanded to protect jobs and support businesses required to close their doors as a result of coronavirus restrictions. Job Support Scheme will be expanded to support businesses across the UK required to close their premises due to coronavirus restrictionsgovernment will pay two thirds of employees’ salaries to protect … Continue reading Job Support Scheme expanded to firms required to close due to Covid Restrictions

Job Retention Bonus

Further information has been published on how businesses can claim the government’s Job Retention Bonus, with millions set to benefit from the £9 billion package. the Job Retention Bonus, worth up to £9 billion is set to support millions of employers who have kept on furloughed workersthe bonus will work alongside the newly announced Job … Continue reading Job Retention Bonus

Latest Job Retention Scheme stats

The Job Retention Scheme launched on 20 April.  By midnight on 20 September there were a total of:  ➡️9.6m jobs furloughed * ➡️1.2m employers furloughing ** ➡️Total claimed £39.3bn  *This information is now being published monthly by HMRC. Opinion The Coronavirus Job Retention Scheme is about to enter its last month of operation. No new employees can … Continue reading Latest Job Retention Scheme stats

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

Job Support Scheme starts 1st November 2020

From 1st November, for the next six months, the Job Support Scheme will protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19. The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to … Continue reading Job Support Scheme starts 1st November 2020

Chancellor outlines Winter Economy Plan

Rishi Sunak unveils government’s plan to protect jobs and support businesses over the coming months. central to plan is a new Job Support Scheme and extension of Self Employment Income Support Schemeand over one million businesses will get flexibilities to help pay back loans The Chancellor Rishi Sunak today outlined additional government support to provide … Continue reading Chancellor outlines Winter Economy Plan