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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...

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...

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...

Advice from HMRC re self employed grants

Nigel Holland As Accountants we have received the following advice from HMRC on how clients should make their claim ” It is important that self employed businesses, not limited companies, follow the advice below in order to receive the grant they deserve. They...

Now we have to pay £300 billion

Nigel Holland Estimates of the cost of the Pandemic for the UK are coming in at £300bn. This figure could rise to £500bn. The figures are not known at this stage but is going to be enormous. ” The amount of financial support which has been given by the...

Government extends Furlough scheme

Nigel Holland ” By extending the scheme there will be further help available for businesses and their employees but the cost will be large.”Nigel Holland Chancellor extends furlough scheme until October The government’s Coronavirus Job Retention Scheme...

Letter from HMRC

Nigel Holland “HMRC have written the following open letter to tax payers concerning the job Retention Scheme. It is good to hear about the changes made.” Nigel Holland Dear customer, I’m writing to share the latest information about the Coronavirus Job...

Back to Work

Nigel Holland Firms are being told by ministers on how to get people back to work in the coming days and weeks amid growing concerns over the growing economic impact of the lockdown.   “Businesses should start planning to return to work, follow Government...

Sharpest recession on record.

Nigel Holland The Bank of England has warned that the UK economy is heading towards its sharpest recession on record. “This is going to be a major recession we have to plan for it. There is going to be lots of uncertainty moving forward. It will be a while...

End of Furlough

Nigel Holland The position at present From: HM Revenue & Customs Contents Who can claimEmployees you can claim forAgreeing to furlough employeesWhen your employees are on furloughBefore you claimContacting HMRC If you’ve already worked out how much you can claim,...