Most employers who are eligible will be aware that the furlough scheme (the Coronavirus Job Retention Scheme) has been extended for five months – from 1 November 2020 to 31 March 2021. The general terms for the first quarter to 31 January 2021 are: Maximum claim per employee is 80% of hours not worked. Furlough…
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Employers note increase in National Living Wage
The Chancellor, Rishi Sunak, confirmed a small increase in the National Living Wage rates from April 2021. Employers will need to diarise these increases otherwise they may break their obligation to pay these rates and risk penalties. The increase in the NLW will mean that low-paid workers’ incomes rise broadly in line with predicted wage…
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Are you ready for 1 January 2021?
When we awake to the new year we will no longer be in transition; we will be out of the EU and will have to cope with a wide range of regulatory changes if we buy or sell goods or services to EU suppliers and customers. The Department for Business, Energy & Industrial Strategy recently…
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Furlough claims from 1 November 2020
If you are making claims under the extended furlough scheme from 1 November 2020 you need to be aware of changes in the claims process. Perhaps the most significant is that claims need to be registered within 14 days of the relevant period end. In their revised guidance on this topic HMRC say: You can…
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