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Bonus for employers who retain furloughed staff

Bonus for employers who retain furloughed staff The Chancellor, Rishi Sunak, presented A Plan for Jobs at the time of the Summer Economic Update on 8 July 2020. This included incentives for employers who retain furloughed staff and who offer training and...

New rules for claims under the CJRS

New rules for claims under the CJRS The second and final phase of the Coronavirus Job Retention Scheme (CJRS) runs from 1 July 2020 to 31 October 2020. During this phase, furloughed workers may return to work part-time under the flexible furloughing provisions. New...

Temporary increase in residential SDLT threshold

Temporary increase in residential SDLT threshold To help boost the housing market and allied sectors, the residential Stamp Duty Land Tax (SDLT) threshold in England and Northern Ireland has been increased from £125,000 to £500,000 for a temporary period...

Reduced rate of VAT for hospitality sector

Reduced rate of VAT for hospitality sector To support businesses and jobs in the hospitality sector, the reduced (5%) rate of VAT applies to supplies of food and non-alcoholic drinks from restaurants, pubs, bars, cafés and similar establishment across the UK...

NIC implications of COVID-19 support payments

NIC implications of COVID-19 support payments Various support payments have been made to help those affected by the COVID-19 pandemic. How are those payments treated for National Insurance purposes? Grant payments under the CJRS Where an employer claims a grant...