Leggate Associates Newsletter – 6 July 2020 – Flexible furlough
From 1st July “Flexible Furlough” came into effect which allows more flexibility in re-introducing your staff back to the workplace. It is designed to kick start the economy and re-open the UK. The scheme allows you to bring employees back to work on a part-time...
Coronavirus Tax and Support Update – June 4th 2020
There have been some recent developments in terms of the support available to businesses during the ongoing coronavirus pandemic, particularly in respect of the Coronavirus Job Retention Scheme, commonly known as the “furlough” scheme. There has also been an extension...
Coronavirus Job Retention Scheme
CORONAVIRUS JOB RETENTION SCHEME One major benefit that has been introduced by the Chancellor to protect jobs is the Coronavirus Job Retention Scheme (“CJRS”). Summary HMRC will reimburse 80% of ‘furloughed’ workers’ wage costs, up to a cap of £2,500 per employee per...