This post on COVID-19: Accounting for grants and loans was sponsored by Canalitix.com Thank you for your interest.
COVID-19: Construction industry furlough claims rejected as ineligible. Why are claims by construction companies for furloughed staff being rejected as ineligible? One of the qualifying criteria for claiming 80% of the salaries of furloughed employee under the Coronavirus Job Retention Scheme (CJRS) is that the employer must have operated a PAYE scheme prior to the […]
COVID-19: Ineligible furloughed directors are mostly those receiving a monthly tax-free salary of £719 per month for 2019/20. This issue relates to claims for Coronavirus Job Retention Scheme (CJRS) grants being rejected as ineligible. The companies affected are those where the directors have operated a payroll for themselves only and opted to receive a monthly […]
COVID-19: Befuddled? We are tax agents who can guide you through the Coronavirus Job Retention Scheme (CJRS) and Self Employed Income Support grants. HMRC has recently reached out to Canalitix Accountants and other UK tax agents to assist businesses with their claims for furloughed staff wages under CJRS. The CJRS dedicated online claims system is […]
The COVID-19: HMRC Job Retention Scheme Video by HMRC is very comprehensive and worth listening to. This post on The COVID-19: HMRC Job Retention Scheme Video was sponsored by Canalitix.com This post on COVID-19: HMRC Job Retention Scheme Video+ was sponsored Canalitix.com Thank you for your interest.
This article on COVID 19: Applying for 80% of furloughed staff wages looks at the eligibility and qualify criteria for employers planning to apply to HMRC for help under the government’s Coronavirus Job Retention Scheme. Coronavirus Job Retention Scheme Under the Coronavirus Job Retention Scheme, Employers who have had to put staff on furlough leave […]
Today, the COVID-19 Job Retention Scheme Update was announced by the government to provide further clarity on how the scheme will operate. According to the announcement, the scheme will be backdated to 1 March 2020 and provided staff remain employed throughout the crisis the funding will be open to all employers with a PAYE payroll […]
On Friday 20/03/2020, The Chancellor made the historic announcement that the UK government was to step in and help to pay the wages and salaries of retained workers up to a maximum of £2,500 a month. This announcement placed the responsibility on HMRC to fund 80% of wages for furloughed staff. The Coronavirus Job Retention […]