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The government through the chancellor of the exchequer Rishi Sunak, announced on Friday that the Self-Employment Income Support Scheme will be extended. As such, those eligible will be able to claim a second and final grant capped at £6,570 The Chancellor also outlined further details on the extension of the Coronavirus Job Retention Scheme, including improved flexibility to bring furloughed employees back part time in July, one month earlier than expected and a new taper requiring employers to contribute modestly to furloughed salaries from August.Read more
This week on the 26th of May, HMRC released the claim system for employers to reclaim the allowable two weeks SSP for coronavirus-based absence due to sickness, self-isolation and shielding.Read more
HMRC updates advisory fuel rates for company cars every three months so new rates are now applicable from the 1st of June.Read more
HMRC has released its latest pensions newsletter, issue 119, which incorporates a number of key areas in pension administration and re-enforces and updates the coronavirus administration discussed int eh previous issue. The newsletter includes a variety of subjects and here we look at each area at a high level.Read more
A report from the Low Pay Commission (LPC) was published on 7th May 2020 which discusses the issues of non-compliance and enforcement of the NMW.Read more
Following The House of Lords IR35 inquiry, it’s Economic Affairs Finance Bill sub-committee have urged the government to use the one year delay to the implementation of the Off-payroll working legislation, caused by the COVID 19 virus, to “give serious consideration to the fairer alternatives”.Read more
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