Coronavirus Job Retention Scheme goes live as it is extended to end of June

The government's Coronavirus Job Retention Scheme went live on 20 April after Chancellor Rishi Sunak extended it until the end of June. The scheme allows businesses to furlough their employees, with the government paying 80% of their wages up to a maximum of £2,500. HMRC has emailed two million employers providing a link to a… Continue reading Coronavirus Job Retention Scheme goes live as it is extended to end of June

Tax calendar: April 19th 2020 Deadlines

Automatic interest is charged where PAYE tax, Student loan deductions, Class 1 NI or CIS deductions for 2019/20 are not paid by today. Penalties may also apply if any payments have been made late throughout the tax year. This deadline is relevant to employers who have made PAYE deductions from their employees’ salaries and to… Continue reading Tax calendar: April 19th 2020 Deadlines

Employer Update

National Living/Minimum Wage Changes from 1 April 2020 From 1 April 2020 the National Living/Minimum Wage rates will increase as follows: • £8.72 an hour for workers aged 25 and over - previously £8.21• £8.20 an hour for workers aged 21 to 24 – previously £7.70• £6.45 an hour for workers aged 18 to 20… Continue reading Employer Update

Coronavirus measure: Statutory Sick Pay from day one

The Prime Minister, Boris Johnson, has announced that employees will be entitled to Statutory Sick Pay (SSP) from day one when self-isolating rather than having to wait until day four under the SSP waiting days rules. The change will be included in a package of measures, to be introduced by emergency legislation, to deal with… Continue reading Coronavirus measure: Statutory Sick Pay from day one

Minimum wage rates announced

The Government has announced the largest increase since the National Living Wage was introduced two decades ago. The government has announced a 6.2% increase in the National Living Wage (NLW), which applies to workers aged 25 and over. From 1 April 2020 the NLW will rise from the current rate of £8.21 to £8.72 an… Continue reading Minimum wage rates announced

Christa Ackroyd loses IR35 appeal

Former BBC presenter Christa Ackroyd has lost her appeal against a ruling that she was an employee, not a freelance contractor, when she worked for the BBC via a personal service company. The IR35 rules in broad terms mean that those working via a personal service company have to consider whether, if the services were… Continue reading Christa Ackroyd loses IR35 appeal

Hot Topic: Working off-payroll

From 6 April 2020, a change to the off-payroll (IR35) rules is expected. Draft legislation has already been published and further HMRC guidance is expected. The new rules will affect you if you work via your own personal service company (PSC), and off-payroll workers should be aware that their clients are likely to investigate the… Continue reading Hot Topic: Working off-payroll