Statutory Sick Pay

Sunak unveils £1bn support package for Omicron-hit businesses

Chancellor Rishi Sunak has announced a further £1bn support package for businesses impacted by the new Omicron variant. As part of the support, businesses in the hospitality and leisure sectors in England will be eligible for one-off grants of up to £6,000 per premises. There will also be more than…

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Beyond payslips: why it’s time to promote financial wellness

The first half of 2020 has been a traumatic time for many of us, characterised by fear, uncertainty and doubt. Sitting at the eye of the COVID storm were HR and payroll professionals, who’ve done a fantastic job in unprecedented and extremely challenging circumstances. But is there more we can…

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Financial support amid Covid-19 chaos

People across the UK have been forced to spend time away from work due to the coronavirus pandemic, with many left without their usual income to pay the bills.  In March, the Government stepped in with several new schemes to support those affected and, although the situation is evolving and…

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The most frequently asked furlough leave questions answered by UHY Hacker Young

The Coronavirus Job Retention Scheme (CJRS) is a complex support package that was first announced on 20 March. Helping to support businesses throughout this difficult time, the scheme offers to subsidise 80% of furloughed employees’ wages during the national lockdown. James Simmonds, partner at UHY Hacker Young’s Nottingham office, tells us…

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HMRC adds new guidance on Coronavirus Job Retention Scheme

HMRC has issued new guidance regarding the Coronavirus Job Retention scheme and clarifies eligibility for those returning from sick leave and TUPE staff. Issued at the end of last week the third update to the scheme has provided clarification on all aspects of sick leave including those returning from maternity…

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What we know about furlough leave and the CJRS 

HMRC published details of the Coronavirus Job Retention Scheme (CJRS) on 26.3.20 which are available here: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme Key points include: Employees that employers can claim CJRS for For the purposes of CJRS, the definition of employee would include workers and agency workers provided they are subject to PAYE i.e. this…

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The Budget – necessary reform or crazy spending spree that could drive us into recession?

During the budget on 11 March the Chancellor publicly announced that the level of budget spending was “the right economic thing to do.” Or was it? The budget was a mix of temporary measures to address the coronavirus crisis and longer-term changes with the aim to strengthen the economy and…

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The Budget 2020: getting the job done?

On Wednesday 11th March, less than one-month into his appointment, Rishi Sunak delivered his first Budget as Chancellor. With the UK reportedly facing the biggest financial threat in more than a decade, and on the back of fears that COVID-19 could cause a recession, Sunak turned on the spending taps and…

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What will the spread of coronavirus mean for businesses?

The serious health concerns brought about by the coronavirus outbreak (officially Covid-19) have been well documented, as nations impose travel restrictions and enter quarantine to tackle the spread.  The UK Government recently confirmed that sick employees will receive statutory sick pay from the first day off work, not the fourth,…

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ROUNDUP: Business rates holiday announced by chancellor Sunak

In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus package to help combat the impact of coronavirus on the British economy including a one-year total suspension of business rates for small retail, leisure and hospitality businesses. Headline measures include: A £12bn plan to provide…

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