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Public-sector contractors in furlough boost

Public-sector contractors who are unable to work on ongoing contracts due to COVID-19 may be eligible for the job retention scheme.

‘Contingent workers', such as doctors or locums, who operate through personal service companies (PSC) can furlough themselves in some cases.

It applies to contingent workers who are either operating through a PSC, an umbrella company, or those on...

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National living wage rises to £8.71 an hour

The national living wage for over-25s increased from £8.21 to £8.71 an hour, with effect from 1 April 2020.

That represents a 6.2% rise on 2019/20 and will result in an over-25 national living wage full-time worker earning an extra £930 in 2020/21.

Workers aged between 21 and 24 see their minimum hourly rate increase to £8.20, while the rate for 18 to 20-year-olds rises to £6.45...

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Second phase of MTD for VAT delayed

HMRC has deferred rolling out the second phase of Making Tax Digital (MTD) for 12 months due to the coronavirus.

Phase one of MTD for VAT kicked in from 1 April 2019, with what HMRC described as a soft-landing period.

This included basic bridging software and no penalties for non-compliance throughout 2019/20.

The second phase will demand more complex, robust technology...

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Govt. urged to plug gaps in self-employed scheme

Concerns have been raised about self-employed workers who are excluded from the self-employed income support scheme.

The scheme provides a cash grant to sole traders or partners who are experiencing disruption as a result of the UK's coronavirus epidemic.

It provides those eligible with up to 80% of their income, up to £2,500 a month, for an initial three-month period.

The...

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Govt. updates coronavirus job retention scheme advice

Employer auto-enrolment contributions and national insurance liabilities are covered under the coronavirus job retention scheme.

The scheme was announced last week by Chancellor Rishi Sunak and will be open for an initial three months, starting from 1 March 2020.

It enables employers to obtain grants to cover up to 80% of furloughed workers' wages, up to £2,500 a month.

...

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