Rules regarding closing down Furlough
Nigel Holland " The furlough scheme can not continue in its current form for much longer, it is very expensive. The government are looking to reduce the amount they pay out in stages until It is withdrawn completely.No further information is available about the...
Massive Investment earmarked by EU’s Executive committee of £670bn
Nigel Holland "Great Britain has obviously left the European Community now but the European committee is going to pump a massive amount of money into the European Economy. A recovery fund worth €750bn (£670bn; $825bn) has been proposed by the EU's executive Commission...
Improve office organisation
Nigel Holland " It is very important for the efficient organisation of an office or any work place that records and equipment are stored and tidied away properly.Records can take the form of physical records such as invoices, cash books, ledgers, correspondence and...
Retail to reopen in June
Nigel Holland "It is fantastic news that the retail sector is allowed to reopen. The Government are slowly allowing different sections of the economy to open whilst they plan to closely monitor the virus statistics.The rebound to the economy is expected but we do not...
Risk Assessment outlined by Government to enable return to work.
Nigel Holland "The 5 rules which have been introduced by the Government are clear and must be followed by Employers to enable Employees to return to work.A risk assessment must be carried out and all businesses are different.The aim must be to keep the Employees safe...
Furlough fraud
Nigel Holland Whistle blowers expose fraud from bosses "There is increasing evidence that Employers have been illegally using the furlough scheme. Some have been accused of furloughing their staff and then asking them to continue to work. This is certainly against the...
£1.5bn fraud in Benefit claims
Nigel Holland " The amount involved in the estimated fraud is staggering. It looks as though the authorities bent over backwards in an attempt to get money out to those people who deserved it and did not have robust enough controls in place."Nigel Holland Universal...
Coronavirus Statutory Sick Pay Rebate Scheme
Nigel Holland "The coronavirus Statutory Sick Pay Rebate Scheme will launch online on 26 May. This will help Employers claim SSP.The government are doing a good job helping businesses throughout a very difficult time."Nigel Holland Below is a letter from HMRC about...
Reminder to clients to collect records from our office.
Nigel Holland " It is important that our clients collect their records from our office after they have been worked on. They must be stored by the tax payer in case of an HMRC investigation."Nigel Holland If records are not collected we shall hold onto them for a short...
Letter from HMRC -second claim for Furlough
Nigel Holland Second claim for Coronavirus Job Retention Scheme Letter from HMRC " Most businesses are now familiar with the routine for the claim from the Government. This letter from HMRC is useful because it sets out the relevant dates and the updates to the rules....