On 22 October the Chancellor announced that the CJRS “furlough” scheme would end on 31 October 2020 to be replaced by a new Job Support Scheme (JSS). However, at 6.45 pm on 31 October 2020 when the Prime Minister announced a month long lockdown for England he announced that the CJRS furlough scheme would be
Further to our last blog post here is some more detailed information about the job support scheme that will start on November 1st. The JSS scheme originally announced in September has been made more generous to support businesses legally forced to close their premises as a direct result of Coronavirus restrictions imposed by one of
The government today announced it will increase the amounts and reach of its winter support schemes. In recognition of the challenging times ahead, the Chancellor said he would be increasing support through the existing Job Support and self-employed schemes and expanding business grants to support companies in high-alert level areas. H M Treasury states
On 24 September 2020, the Chancellor announced that businesses who deferred VAT due from 20 March to 30 June 2020 will now have the option to pay in smaller payments over a longer period. Instead of paying the full amount by the end of March 2021, HMRC have confirmed businesses can make smaller payments up
In some good news for beleaguered hospitality businesses the Chancellor has announced extra support which will apply to businesses here in Scotland that are forced to close by local lockdowns. The government news release states: “The government’s Job Support Scheme (JSS) will be expanded to protect jobs and support businesses required to close their doors
There is currently a zero P11d benefit for the drivers of electric cars in 2020/21. The legislation for this change is included in Finance Act 2020 which also states that the benefit will be 1% of list price in 2021/22 and then 2% in 2022/23. Hybrid cars zero taxable benefit The zero taxable benefit also
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