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Furlough scheme starts to wind down: how will it affect you and when does it end telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.
Furlough wound down from July despite delay to Freedom Day: what you need to know telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.
Official figures show more than four million people remain on furlough 12 May 2021 • 3:48pm The furlough scheme has been extended to September by Chancellor Rishi Sunak as some industries will remain closed up until June 21. The Job Retention Scheme, known as furlough, has acted as a lifeline to millions of households. It was initially extended for a month after England was placed in a four-week lockdown at the end of last year. However, Mr Sunak has been forced to keep the scheme running for longer to protect jobs and livelihoods. Employees receive 80pc of current salary capped at £2,500 per month until the scheme ends, with employers asked for a small contribution from the end of July. ....
This month’s top technical stories on ICAEW Insights include news on the fourth self-employed grant, new EU sustainability disclosure rules and how auditors can report on irregularities, including fraud. Need to knowSEISS 4 claims open up: HMRC has contacted those potentially eligible for the fourth Self-employment Income Support Scheme grant. ICAEW’s Tax Faculty has updated its guidance and a webinar is available to all members. Working from home tax relief continues, but new claims required: Employees working from home due to the coronavirus pandemic can continue to claim tax relief on costs not reimbursed by their employer, but a new claim will need to be made for the 2021/22 tax year, HMRC has confirmed. ....
This month’s top technical stories on ICAEW Insights include news on the fourth self-employed grant, new EU sustainability disclosure rules and how auditors can report on irregularities, including fraud. Need to knowSEISS 4 claims open up: HMRC has contacted those potentially eligible for the fourth Self-employment Income Support Scheme grant. ICAEW’s Tax Faculty has updated its guidance and a webinar is available to all members. Working from home tax relief continues, but new claims required: Employees working from home due to the coronavirus pandemic can continue to claim tax relief on costs not reimbursed by their employer, but a new claim will need to be made for the 2021/22 tax year, HMRC has confirmed. ....