Bounce Back Loan repayment benefits

Due to the Covid-19 pandemic, a decision was made by the HMRC to extend/expand the loan repayment plan for the return of funds. The government has announced a package of measures under its Pay as You Grow scheme for businesses that took out Bounce Back Loans. For those who are…

Can directors furlough themselves under CJRS?

The short answer is yes. As office holders, salaried company directors are eligible to be furloughed and receive support through this scheme. While on full-time furlough, directors can still fulfil their statutory obligations toward the company, however, they can do so provided they do no more than reasonably necessary for…

Auto Enrolment Earnings Thresholds 2021-2022

The Department for Work and Pensions (DWP) reviews the earnings thresholds for auto-enrolment every year and has proposed the below AE Thresholds for the next tax year 2021-2022. The lower and upper levels of qualifying earnings match with the National Insurance Contributions of the next tax year 2021-2022. Also, we…

December 2020 R1 Release Version 1.0.423

Key Features: 1. Client Rules – Salary Payments 2. Opt-Out After Being Paid 3. P6/P9 Notice Enhancement 4. Holiday Pay Statement Report Enhancement 5. Auto-Enrolment Communication Emails 6. Stripe Payment Gateway Enhancement 7. Password Protected Payslips 8. Holiday Pay Accrued YTD – Payslip Read more.

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