If you have still not submitted all of the information we need to complete your 2019-20 tax return, could we ask you to respond as soon as you can as the deadline is fast approaching – 31 January 2021. HMRC has made no announcement that this deadline will be extended. Accordingly, the initial £100 late…
Read more
More on extended furlough scheme
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…
Read more
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…
Read more
- 1
- 2