4 March 2021
On 11th February 2021, the Pension Schemes Bill received Royal Assent, thus becoming the Pension Schemes Act 2021. The Act covers a variety of modifications strengthening and expanding the powers of The Pensions Regulator (TPR) and in this form enhancing protections for pension saver. With the new Act, new sentences…
A frontier worker is an EU (EEA) or Swiss citizen who is employed or self-employed in the UK but is a resident elsewhere. Frontier workers who were working in the UK on or before 31st December 2020 can still enter the UK for work. However, they must hold a frontier worker…
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…
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…
25 February 2021
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…
