Job Support Scheme (JSS) Further clarifications were made to the scheme on 22nd October 2020. Now, the Government will be able to help businesses who are suffering from a business downturn due to coronavirus restrictions, or if they have been told to close temporarily. It has been separated into two provisions: JSS (Open) and JSS…
Job Retention Bonus HMRC have issued some further guidance regarding the Job Retention Bonus. The Job Retention Bonus is a £1,000 one-off taxable payment to you (the employer), for each eligible employee that you furloughed and kept continuously employed until 31 January 2021. You’ll be able to claim the bonus between 15 February 2021 and…
Deferred VAT due between 20 March and 30 June – Further Information It has recently been announced that businesses who deferred VAT due from 20 March to 30 June 2020 will now have the option to pay in smaller payments over a longer period. Instead of paying the full amount by the end of March…