 REMINDER!
It's a short one from us today. Remember to make sure you have filed your claim for the job retention scheme in order to receive payment by 30th April 2020. Also, those wanting to claim from the self-employed scheme need to have submitted their tax return for 2018/2019 by tomorrow, 23rd April 2020. If we can be of an assistance with this, due to the urgency, please contact us on 0121 517 0820
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 The online service that you’ll use to claim will go live on Monday 20th April 2020. HMRC have released some guidance on how to calculate 80% of your employee’s wages, National Insurance contributions and pension contributions for Furloughed staff.
You can only claim from the date your employee was furloughed, the earliest date being 1st March 2020. More information can be found here and there is also a step by step guide. If you need any help with this, please contact us and we can talk you through it or complete it on your behalf. HMRC have also advised that there will be a calculator available online on Monday for you to check your calculations, but our advice would be to prepare the calculations before you start to complete the online application. The treasury also announced this afternoon that this scheme will be extended for another month until 30th June 2020. 0121 517 0820 |
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