The Coronavirus Job Retention Scheme guidance has been updated with a reminder that from 1 July 2021, the Government will pay 70% of wages up to a maximum cap of £2,187.50 for the hours the employee is on furlough. The scheme has been extended until 30 September 2021.
The guidance for Additional Restrictions Grants (ARGs) has been updated to highlight the businesses that are eligible, and this has been extended to businesses that are being impacted by the delay in moving to Step 4. The guidance now states that: Local councils have the freedom to determine the eligibility criteria for these grants. However,...
Launched today at its headquarters in Leeds, the UK Infrastructure Bank will be tasked with accelerating investment into “ambitious infrastructure projects, cutting emissions and levelling up every part of the UK”. First announced by the Chancellor alongside the Spending Review, the Bank will help to finance important projects in every region and nation of the...
The Government has updated it online tools for businesses and employees to use to determine what support is available. For businesses, support covers: Business loans Tax relief Cash grants. This links to an online business support finder which shows what is available for you and your business.
MHCLG and BEIS have announced that the existing measures in place to protect commercial tenants from eviction will be extended to 25 March 2022. They also announced that legislation will be introduced in this session to ringfence outstanding unpaid rent that has built up when a business has had to remain closed during the pandemic....
A new template has been developed for businesses that have between 16 and 99 people on furlough under the Coronavirus Job Retention Scheme (CJRS). If you’re claiming for 16-99 employees on or after 27 May 2021, you’ll need to use the template to upload a file containing the following information for each employee: full name...
The Government’s resource support site has been revised to include: an updated webinar on the SEISS Fourth Grant an updated webinar on the Statutory Sick Pay Rebate Scheme a new YouTube video for the Self-Employment Income Support Scheme Follow this link for more information on support for businesses.
Payment deadlines have been extended for the following schemes: LRSG (Open) LRSG (Sector) LRSG (Closed) LRSG (Closed) Addendum LRSG (Closed) Addendum: Tier 4 LRSG (Closed) Addendum: 5 January onwards (first 6-week payment only) Closed Businesses Lockdown Payment. Local Authorities now have until 14May 2021 to make payments to businesses that have applied for any of...
BEIS has published updated data on the allocation of Restart Grants to each local authority (LA) in England, as well as updating the data on how much of previous allocations each local authority has distributed to businesses in their area. Previously, many of the local authorities had distributed very little ARG funding and Government has...
HMRC has updated the guidance on deferring VAT payments by adding information on penalties or interest that may be charged if you do not pay in full, or make an arrangement to pay. There is also information on how you may still be able to avoid these charges. The key point is that businesses may be...