Foreign Secretary Liz Truss has announced that all Russian businesses will be banned from using the services of UK accountants and other professional services including PR and management consulting. 

This is a reminder that from April 2022, your National Insurance contribution is set to rise through the introduction of a 1.25% Health and Social Care Tax Levy on earned income. Dividends rates are also set to increase by the same amount.

Chancellor Rishi Sunak has announced more government support provided for businesses most impacted by the rising number of Coronavirus cases in the UK.

 

A roundup of the key points announced by Chancellor Rishi Sunak in the 2021 Autumn Budget. 

A roundup of the key measures announced by the Chancellor in the 2021 Budget. 

To help you prepare for the next, flexible stage of the furlough scheme we have prepared a useful checklist of the key dates and the steps you need to take to prepare. 
 

Changes to the furlough scheme mean that parents on statutory maternity and paternity leave who return to work in the next few months will now be eligible for the government’s furlough scheme even after the 10 June cut-off date for new entrants.
 

The Coronavirus Job Retention Scheme is to be extended by four months to 31 October and employers will be able to bring back furloughed employees on a part-time basis, as part of the government’s plans to ‘re-open the economy’.

Although we still don’t know when lockdown restrictions will be lifted, it is worth organisations starting to plan for the end of the furlough period – particularly if you are unlikely to have a full workload to occupy your entire team.  We look at the options available to businesses when the furlough scheme finishes. 

The Coronavirus Statutory Sick Pay Rebate Scheme will repay employers the current rate of Statutory Sick Pay (SSP) SSP that they pay to current or former employees for periods of sickness starting on or after 13 March 2020.

The coronavirus Job Retention Scheme online service is now live, and businesses can now submit their claims for furloughed workers. 

The cut off date for the coronavirus Job Retention Scheme has been extended to 30 June 2020. In addition, the date when the employee had to have been on the employer's payroll so as to qualify to be furloughed has changed from 28 February to 19 March 2020. 

If you’re eligible for the Job Retention Scheme, there are things that you can do now to be ready to make your claim when the system is up and running later this month.

Moore trainee Andrew Leighton has been awarded the Fleming Birch prize by the ICAEW for achieving top marks in the region in his ACA accountancy exams.