Claiming the National Insurance employment allowance for 2020/21
The National Insurance employment allowance is available to eligible employers and can be set against the employer’s secondary Class 1 National Insurance liability. In the 2020 Budget, the Chancellor announced that the allowance would be increased to £4,000 for 2020/21. However, from 6 April 2020, it is only available...
Cars and vans – What’s new for 2020/21
There are a number of changes that apply from the start of the 2020/21 tax year that relate to the taxation of company cars and vans. new way of measuring CO2 emissions The way in which the level of a car’s CO2 emissions is determined changes from 6 April 2020. The...
Coronavirus Statutory Sick Pay Rebate Scheme Has Launched
Employers are now able to make claims through the Coronavirus Statutory Sick Pay Rebate Scheme. The government has announced a new online service which launched on 26 May for small and medium-sized employers to recover Statutory Sick Pay (SSP) payments they have made to their employees. Employers are eligible if they...
Job Retention Scheme – Flexible Furloughing And Important Dates
From 1 July 2020, Businesses will have the flexibility to bring previously furloughed employees back to work part-time – with the government continuing to pay 80% of wages for any of their normal hours they do not work up until the end of August. Businesses can decide the hours and...
Chancellor Extends Self-Employment Support Scheme
The government’s Self-Employment Income Support Scheme will be extended, giving more security to individuals whose livelihoods are adversely affected by coronavirus in the coming months, the Chancellor announced on Friday 29 May 2020. Rishi Sunak announced the Self-Employment Income Support Scheme will be extended - with those eligible able...
