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Category: Furlough Scheme

BUILDING LEGACIES BRIEFING

OVERVIEW This Bulletin covers: • Furlough Scheme reminder• Self-Employed Income Support Scheme (SEISS) reminder• Proposals for further support for mortgage borrowers Furlough Scheme reminder The Coronavirus Job Retention Scheme (CJRS), commonly referred to as the ‘Furlough Scheme’, is winding down and the Prime Minister yesterday (2nd September) once again confirmed that the Government has no…
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Calculate How Much You Can Claim Using the Coronavirus Job Retention Scheme

The Government have realised information on how to calculate how much you must pay your furloughed employees for hours on furlough, how much you can claim for employer NICs and pension contributions and how much you can claim back. 31 July is the last day that you can submit claims for periods ending on or…
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Building Legacies Covid-19 Briefing – 31/05/2020

OVERVIEW This Bulletin includes information on: Amendments to the Coronavirus Job Retention Scheme (CJRS) – The ‘Furlough’ Extension of the Self-Employed Income Support Scheme (SEISS) CJRS (Furlough) On Friday 29 May the Chancellor of the Exchequer announced a series of amendments to the CJRS. He set out more details on how the Coronavirus Job Retention…
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Building Legacies Covid-19 Briefing – 27/05/2020

This Bulletin includes information on: Extensions to Mortgage Holidays CJRS Furlough Scheme Changes Part-Time Workers’ Rights EXTENSION TO MORTGAGE HOLIDAYS The Financial Conduct Authority (FCA) has announced proposals which will continue support for customers who are struggling to pay their mortgage due to Coronavirus crisis. The proposal outlines the options Lenders will be required to…
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EXTRA INFORMATION REQUIRED FOR THE ‘FURLOUGH’ SCHEME

We previously advised you what information HMRC will require from you to process your application for financial support under the Coronavirus Job Retention Scheme (CJRS), known as the ‘Furlough’ scheme. Helpful feedback from one of our associated organisations, which has already applied for the CJRS, has revealed that HMRC require some additional information that we…
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Preparing To Make A ‘Furlough’ Claim

The Coronavirus Job Retention Scheme (Furlough scheme) has been introduced by the Chancellor to help support employers, whose business operations have been severely affected by the Coronavirus (Covid-19), retain their employees and protect the UK economy. The online service for making furlough claims for your employees is going live week commencing 20 April 2020 and…
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