HMRC published updated official guidance on the Coronavirus Job Retention Scheme on 4 April 2020. We have summarised the key points from the guidance below. What is Furlough? 1) Where an employer does not have sufficient work for its workforce to complete, it may ask people to stay at home on a period of furlough.2)
Eligibility To benefit from the Scheme, the following conditions must be met: You must be self-employed or a member of a Partnership and have traded in 2019/2020, with the intention to continue trading into 2021; A self-assessment tax return must have been filed for 2018/2019. The deadline for filing has been extended to 23rd April
On Monday 6th April at 9 am, we launch our first Aylesbury Corporate Network webinar in collaboration with Hains Watts, HR Inspire and Handelsbanken. We will be discussing Covid-19 and providing guidance on a variety of topics including the Job Retention scheme (aka furlough) and the self-employed corona virus scheme. We have experts covering banking,
Protection from possible eviction has been a major concern for vulnerable tenants throughout the COVID-19 pandemic. The Government previously announced that from 26 March 2020, under the Coronavirus Act 2020, landlords would have to give tenants 3 months’ notice if they intend to bring eviction proceedings. This buffer period will apply until 30 September 2020
The Coronavirus Act 2020, which is now in force, has introduced key measures providing protection to business tenants who may be struggling due to the outbreak of coronavirus. The key points for commercial landlords and tenants to be aware of are as follows. A right of re-entry or forfeiture The Coronavirus Act 2020 prohibits commercial
The Coronavirus Bill is currently making its way through the House of Lords and it is hoped that it will be finalised later today. Under the proposed legislation, private landlords can continue to serve notice on tenants seeking possession of their rented properties under section 21 Housing Act 1988, but the notice period has now
HMRC published the first official guidance on the Coronavirus Job Retention Scheme on 26 March 2020. We have summarised the key points from the guidance below. Eligibility 1) The Scheme is open to all UK employers that operated a PAYE payroll scheme on or before 28 February 2020. 2) Claims cannot be submitted on behalf
The Government announced plans late last week to introduce emergency legislation with the primary aim of protecting individuals and families in rented accommodation who are affected by coronavirus. It was thought that the emergency legislation would introduce a complete prohibition on possession proceedings (ie eviction proceedings) for a period of three months whilst the country
The Government is introducing emergency legislation with the primary aim of protecting individuals and families in rented accommodation who are affected by coronavirus. This legislation follows the introduction of “mortgage payment holidays” of up to three months for struggling homeowners, and a similar scheme has now been replicated for landlords with buy-to-let mortgages in order
The announcement that the Queen’s grandson Peter Phillips and his wife Autumn are to divorce has thrown the media spotlight on to pre-nuptial agreements. It was widely reported that the separation is amicable with the couple agreeing to share custody of their two children. The apparent goodwill in their approach led to widespread speculation that