Tag: Coronavirus

Coronavirus Job Retention Scheme & how to implement it into your payroll run
New information relating to the Coronavirus Job Retention Scheme (CJRS) has been added to various guides created by HMRC. This has been an evolving Scheme and some uncertainty remains, but crucially for business the government on-line portal for making claims opened on 20 April. As payroll providers and employers alike have been scrambling for the latest information the update to the guidelines may prove very helpful for some of the uncertainties surrounding the coronavirus job retention scheme and how to process it. (more…)

HM Treasury has published a press release which confirms that the scheme to support the self-employed through the outbreak of coronavirus is now open for claims. This new scheme has been set up by the government to provide support for those who are self-employed, either as a sole trader or a partner in a partnership and who have been trading during the 2018/19 tax year. You have been trading if you have been running a business selling goods or services and you complete self-employed or partnership pages as part of your self-Assessment tax return. (more…)

Employers made 67,000 claims for workers in the first 30 minutes of the furlough portal going live.

Under the Coronavirus Job Retention Scheme, the government will cover 80% of workers’ wages, up to £2,500 a month, if they are put on leave.

 (more…)

The Home Office has provided updated advice for employers carrying out right to work checks during the outbreak of the coronavirus (Covid 19).

These are temporary measures which have been introduced to make it easier for employers to carry out the checks, whilst remaining compliant with the rules.

The temporary changes are effective from 30 March 2020 (more…)

Please see below for the latest we have on the Coronavirus Job Retention Scheme.

Key points:

  • The employee eligibility cut-off date for Coronavirus Job Retention Scheme (CVJR) extended to 19 March 2020.
  • The change could mean that more of your employees can be furloughed.
  • Announcement suggests that being on a previous RTI submission is a requirement for an employee to be furlough eligible.
  • Scheme still expected to be fully operational next week.

 (more…)

Coronavirus Job Retention Scheme: can directors furlough themselves?

A frequent question we are asked at TopSource & Payroll Bureau during the pandemic lockdown is: can directors of their own companies furlough themselves in order to qualify for the Coronavirus Job Retention Scheme (CJRS)? By being furloughed, the government means being on a leave of absence.

The government has provided some clarity on this but more will be needed before the CJRS goes live by the end of April 2020. (more…)

The latest on the Coronavirus Job Retention Scheme

In our ongoing effort to keep you apprised of new government information relating to payroll, below is a summary of legislative changes and new schemes that have been put in place.

The below information was collated by the Certified Institute of Payroll Professionals.  The information is not complete as the situation is changing.  We will continue to send information as it becomes available. (more…)

New government Coronavirus Job Retention Scheme & what we know so far

The UK Government has announced a series of targeted measures to support individuals and businesses in response to COVID-19. One of these measures is the Coronavirus Job Retention Scheme. (more…)

The UK government has increased the risk rating for Coronavirus from low to moderate.

Some businesses are considering the possibilities of having to shut down in the wake of a positive test result but are hoping the situation in the UK won’t go the same as Italy. (more…)