Monthly Tax Newsletter – July 2020

NEW “FURLOUGH” SYSTEM FOR EMPLOYEE WAGES UP AND RUNNING Welcome to our monthly newsletter. We hope you enjoy reading this newsletter and find it useful. Please contact us if you would like to discuss any matters further. “FLEXIBLE FURLOUGH” STARTS 1 JULY From 1 July the new CJRS “Flexible furlough” grant scheme starts, which will… Continue reading Monthly Tax Newsletter – July 2020

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Monthly Tax Newsletter – May 2020

NEW “FURLOUGH” SYSTEM FOR EMPLOYEE WAGES UP AND RUNNING The Coronavirus Job Retention Scheme (CJRS) claims portal opened on Monday 20 April and early indications are that it seems to be working smoothly but with a few teething problems as you would expect from a brand-new system. In the run up to the start of… Continue reading Monthly Tax Newsletter – May 2020

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Monthly Tax Newsletter – April 2020

£330 BILLION CORONAVIRUS SUPPORT PACKAGE On Friday 20th March the Chancellor, Rishi Sunak, set out a package of measures to support public services, people and business through the disruption caused by the COVID-19 virus.  Further measures were announced on 26 March to support the self-employed. CORONAVIRUS JOB RETENTION SCHEME HMRC will reimburse 80% of ‘furloughed’… Continue reading Monthly Tax Newsletter – April 2020

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