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Practice News

Flexible furlough from 1 July under revised CJRS

Courtesy of the Institute of Chartered Accountants in England and Wales (ICAEW) Flexible furlough from 1 July under revised CJRS 29 May: Changes to the Coronavirus Job Retention Scheme (CJRS) will apply a month earlier than expected. From 1 July the scheme will allow part-time working, but staff must have been furloughed by 10 June…Read More

Government stretches furlough scheme to October

Courtesy of the Institute of Chartered Accountants in England and Wales (ICAEW) Updated 13 May 2020 12 May: The Chancellor has extended the government’s Coronavirus Job Retention Scheme until the end of October and announced the introduction of new ‘part-time’ furlough flexibility from August. Speaking at the Houses of Parliament, Rishi Sunak told MPs that…Read More

SEISS guidance and eligibility checker

Courtesy of The Institute of Chartered Accountants in England and Wales (ICAEW) 4 May: HMRC has updated its guidance on the Self-employment Income Support Scheme (SEISS) which now includes an eligibility checker. HMRC has also started to contact eligible taxpayers. ICAEW guidance on the Self-employment Income Support Scheme (SEISS), developed by the Tax Faculty, can…Read More

COVID-19: Updated guidance on Self-Employed Income Support Scheme (SEISS) from the Institute of Chartered Accountants in England and Wales (ICAEW)

16 April 2020: ICAEW’s Tax Faculty highlights the key additions to HMRC’s guidance on the coronavirus self-employed income support scheme (SEISS), which now includes details on calculating trading profits and more information on the interaction with universal credit. HMRC has published further guidance on the SEISS and details of how to work to work out total income…Read More

Claim back Statutory Sick Pay paid to employees due to coronavirus (COVID-19)

Find out if you can use the Coronavirus Statutory Sick Pay Rebate Scheme to reclaim employees’ coronavirus-related Statutory Sick Pay (SSP).Published 3 April 2020 Last updated 17 April 2020 — see all updatesFrom:HM Revenue & Customs Contents Who can use the scheme Records you must keep The online service you’ll use to reclaim SSP is not available yet. HMRC…Read More

Coronavirus: relaxation of the statutory annual leave rules – HOLIDAYS

Coronavirus: relaxation of the statutory annual leave rules HOLIDAYS Regulations have taken effect which amend the Working Time Regulations 1998 to relax the current restriction on carrying forward untaken annual leave. Under the Working Time Regulations 1998 (WTR), workers have a statutory right to 5.6 weeks’ paid annual leave. The WTR require that at least four of these weeks must…Read More

COVID-19: the impact of material changes to your business insurance

Many of our clients, just like ourselves, will have already been advised by the government to close or severely limit aspects of operations, and others will have seen, or will see, a sharp decline in business either as a direct or an indirect result of these recent government announcements. You may even have needed to…Read More

Covid-19 Useful Information

1. Laying off employees – any person employed at 28 February, who can no longer do their job due to Covid-19, either due to the business having to close or scale back its workforce, can be furloughed, and 80% of wages: up to £2500 a month, can be reclaimed from HMRC. This will be done by means…Read More

HMRC Helpline – Coronavirus

If you run a business or are self-employed and are concerned about paying your tax due to coronavirus, you can call HMRC’s helpline for help and advice: 0800 0159 559. For those who are unable to pay due to coronavirus, HMRC will discuss your specific circumstances to explore: •agreeing an instalment arrangement  •suspending debt collection…Read More

Our Coronavirus Contingency Plans

At Walker Harris, we have aligned our business practices to those of UK government guidelines on COVID-19, and ALL of our staff are now working from home. In order to continue our services to you in as uninterrupted way as possible, under these difficult circumstances, we have invested heavily in IT provision, platforms, networks, and…Read More