Coronavirus Job Retention Scheme
On Friday 20 March the government announced its Coronavirus Job Retention Scheme to reimburse employers 80% of wages paid to furloughed workers backdated to 1 March. Full details have not…
Blog Posts
Covid-19 Measures for individuals
We have pulled together a round-up of the key Coronavirus announcements so far for individuals including useful links to government sites. Mortgage holidays For people who find themselves in financial…
Covid-19 Measures for Business
We have pulled together a round-up of the key Coronavirus announcements so far for businesses including useful links to government sites. Statutory sick pay (SSP) Businesses with fewer than 250…
Investments in the Covid-19 environment
Over the past two weeks or so, my team of advisers and I have taken numerous calls relating to the drop in global investment markets. The purpose of this communication…
Coronovirus: do you have to pay employees who self-isolate
Employees are entitled to receive SSP (Statutory Sick Pay) where they’ve self-isolated on medical advice and pursuant to a written notice. If they voluntarily self-isolated, or they don’t have a…
Minimum wage rates announced
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…
Review of the Disguised Remuneration Loan Charge
The government has announced it will make a number of changes to the loan charge rules, in response to Sir Amyas Morse’s independent review of the loan charge policy and…
Chancellor commits to review of IR35
The Chancellor of the Exchequer, Sajid Javid has announced that the major review of all aspects of self-employment, promised in the Conservatives’ manifesto, will include the proposed extension of the…
Guidance on Structures and Buildings Allowance
The latest HMRC Agent Update includes guidance on the Structures and Buildings Allowance (SBA). This capital allowance is designed to provide tax relief for businesses and to support investment in…
Welsh government publishes Draft Budget
The Welsh government has published its Draft Budget, setting out revenue raising and capital spending plans for 2020/21. The Draft Budget confirms no changes are proposed to Welsh income tax…
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