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Covid-19
HMRC have confirmed that limited company Directors can be furloughed as they are an employee on PAYE. While on furlough, the Director can perform statutory duties to maintain the daily upkeep of the business, including legal filings and record keeping, eg. preparing VAT returns, preparing annual accounts and updating general records. The Director CANNOT be...
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COVID 19: Self Employed Announcement – guidance has now been released The scheme will be open to those with a trading profit of less than £50,000 in 2018-19 or an average trading profit of less than £50,000 from 2016-17, 2017-18 and 2018-19. To qualify, more than half of their income in these periods must come...
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Employees who are unable to work for more than seven days because of coronavirus (COVID-19) can now
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Acas has published updated guidance for employers and employees on the coronavirus (COVID-19). The
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COVID 19 update BBC News are reporting that the announcement to help the self-employed will be broadcast and passed tomorrow (26/03/2020). The government have said it is a lot harder to make sure the self-employed are getting the right help, as opposed to employed. Reports state that the awards will be as we mentioned earlier...
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There are automatic late filing penalties which are designed to encourage companies to file their
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The government has announced a number of funding and support measures to help those affected by the
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👇🏼 COVID-19 UPDATE 👇🏼 If your rateable value is under £51k, and even if you don’t pay rates, but are listed as the rates payer, then the local authority will issue the Rates Grant in early April and there is no need to apply. With regards to the staff pay, if your staff are unable...
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COVID 19 update Whilst it has not been announced yet, and details have not yet emerged, a parliamentary document has been made available giving rise to what they are planning for the self-employed and freelancers (definition of freelancers not mentioned). The secretary of state must by regulations introduce a scheme of statutory self-employment pay: The...
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COVID 19 Update: The Closure of Public Spaces The government have shown an intention to deal with Corona Virus within 3 months. With this, they have taken the following steps as of 12pm tonight – Shutting pubs, clubs, cafes, restaurants, gyms, leisure centres and shops was mentioned Takeaway services are to stay open They are...
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