If you are an employer, you may be affected by the changes to the National Minimum Wage (NMW). These come into effect from 1 April 2024. The hourly rate for the minimum wage depends upon an employee’s age and whether they’re an apprentice. Current rates These rates are for the National Living Wage (for those …
The Job Support Scheme (JSS) was originally announced under the Winter Economy Plan on 24.9.20, although it has now changed. It will now open on 1 November 2020 and run for six months, until 30 April 2021. It also appears to be more generous than the original JSS. The government has said it will review …
UPDATED 5.1.21 – THE JOB RETENTION BONUS WAS WITHDRAWN IN NOVEMBER 2020, SEE HERE In July 2020, the Chancellor announced the Job Retention Bonus. This is a £1,000 one-off taxable payment to employers, for each eligible employee that has been furloughed and kept continuously employed until 31 January 2021. You’ll be able to claim the …
On 29 May the Chancellor, Rishi Sunak, announced more details about the extension to the Coronavirus Job Retention Scheme (CJRS), with the key details outlined below. Flexible furloughing From 1 July 2020, you’ll have the flexibility to bring previously furloughed employees back to work part-time. The government will continue to pay 80% of wages for any …
If you are an employer, you may be affected by the changes to the National Living Wage (NLW). These come into effect from 1 April 2020. The hourly rate for the minimum wage depends upon an employee’s age and whether they’re an apprentice. Firstly, The main rate for employees 25 and over is increasing from …
Written 5 April 2020 We’ve been asked a lot of questions about the support packages announced by the Government for small businesses over the last few weeks. An important aspect of this was the Coronavirus Job Retention Scheme (CJRS), and in particular the process known as furloughing. This is effectively where a business has no …
HM Revenue and Customs (HMRC) have issued the Employers Bulletin for April 2018. This updates employers with information in respect of the new tax year. Please follow this link. Employers Bulletin – Details HM Revenue and Customs (HMRC) publishes the employer bulletin 6 times a year. They give employers and agents the latest information …
If you are an employer, there is a strong chance that you will have encountered Workplace Pensions (also known as Auto Enrolment Pensions). These are the mandatory pension schemes introduced by the Government in 2012. They have been successful in introducing millions of employees to pension schemes over the last 6 years. To date, the …
If you are an employer, you may be affected by the changes to the National Living Wage. These come into effect from 1 April 2018. The main rate for employees 25 and over is increasing from £7.50 p/h to £7.83 p/h. The rate for employees aged between 21 and 24 is increasing from £7.05 p/h …
If you are an employer you may be affected by the introduction of the National Living Wage. This is a legal requirement effective from 1 April 2016. All employers are currently legally bound to pay the National Minimum Wage. In addition to this, if you have employees aged 25 or over (and not in the …