Summer economic update: What’s new?

Summer economic update: What’s new?

There is monumental pressure on businesses to retain employees as the furlough scheme starts to wind down, jobs come under pressure and the number of individuals claiming Universal Credit reaches an all-time high. Yesterday, the Chancellor delivered his Summer...
Time to reinstate Direct Debits, as VAT deferral window closes

Job Retention Scheme: Latest guidance on claims after 1 July

On Friday 12 June, further guidance was provided as to how the Coronavirus Job Retention Scheme (CJRS) will operate as it is wound down. Flexible furloughing From 1 July, employers will have greater flexibility to ‘part time furlough’ employees i.e. to bring back...
Time to reinstate Direct Debits, as VAT deferral window closes

Don’t miss your last opportunity to furlough staff

This Wednesday, 10 June, is the last opportunity to add any new entrants to the furlough scheme (i.e. an employee that has not yet been furloughed). Any employee not furloughed before this time will not be eligible to benefit for the remainder of the scheme. The...