Most people had never heard the word ‘furlough’ before last spring, but the Coronavirus Job Retention Scheme proved to be a lifeline for many businesses and their employees. The scheme was completely new to the RfM Payroll team too but they would soon be claiming tens of thousands of pounds each month to help our clients pay their staff.
COVID-19 support schemes update
Ongoing changes to the Coronavirus Job Retention Scheme (‘furlough’ scheme) and Self-employment Income Support Scheme (SEISS) could potentially lead to inadvertent errors – and scrutiny from a new tax fraud taskforce. Check the latest details before you claim.
Key facts about the extended Job Retention Scheme (furlough scheme)
In his Budget 2021 speech, the Chancellor announced that the furlough scheme would be extended once more until 30 September 2021. This will be welcome news to the many businesses who have claimed support under the scheme to pay their staff and protect jobs. Here is an up-to-date summary of the extended scheme.
A round-up of coronavirus business support measures
An update on the coronavirus business support initiatives including the Job Retention Scheme, Job Retention Bonus, Self-employed Income Support Scheme and new Local Lockdown grants.
Changes to the Coronavirus Job Retention Scheme from 1 July
The government has provided further details of the changes to the Coronavirus Job Retention Scheme which will come into effect from 1 July. Key to the ‘new’ scheme is the ability to bring staff back on reduced hours and claim the balance.
Coronavirus Job Retention Scheme: updated furlough guidance
HMRC have revised their guidance notes on the Job Retention Scheme. Here are the key updates giving clarity on who can be furloughed plus what you can (and cannot) claim for.
We’re still here for you
In light of the new restrictions announced on Monday evening, all our offices are now closed temporarily. Be reassured that we are still here and committed to supporting you throughout this difficult and unprecedented situation.
