Backhouse Solicitors News
The Chancellor Rishi Sunak has announced a range of employment and tax incentives in his Summer Statement aimed at speeding the recovery of the UK from the economic effects of Coronavirus. These measures range across several different sectors, helping businesses and increasing consumer confidence. Furlough Staff [...]
The Chancellor announced in his summer statement yesterday that the Stamp Duty Land Tax zero rate threshold will increase with immediate effect from £125,000 to £500,000. This cut in Stamp Duty is in response to housing transaction levels falling by 50% in May 2020 and continued [...]
The Coronavirus Job Retention Scheme (CJRS) has been in place since March 2020 and has helped many businesses retain their valued staff and prevented widespread redundancies. As the country starts to emerge from lockdown, the Government is now proposing several changes to increase flexibility and reduce [...]
The Government have today announced an important update to the Coronavirus Job Retention Scheme (CJRS) which will bring more employees within the scope of the scheme, allowing them to be furloughed rather than made redundant. A New Qualifying Date for Coronavirus Job Retention Scheme The key [...]
In this interview, Liz Searl and Steve Frost discuss keeping your house move progressing as smoothly as possible during the coronavirus lockdown. https://www.youtube.com/watch?v=cyaEvJs8sYg You can still carry on with your house sale or purchase Following her interview, Liz added: We appreciate that there is a lot [...]
We continue to receive further updates regarding the Coronavirus Job Retention Scheme via questions to a Parliamentary Select Committee and social media. These are yet to be officially announced, though they do suggest that HMRC are doing all they can to put their systems in place [...]
The UK National Minimum Wage rates for 2020 have now been introduced together with increases in other statutory rates of pay. Employers are advised to ensure their payroll systems are updated from 1st April. National Minimum Wage Rates from 1 April 2020: Workers aged 25 and [...]
The Coronavirus Job Retention Scheme is the main Government scheme to support employed workers during the Coronavirus crisis. Employers will soon be able to claim grants to furlough employees rather than making them redundant. You can read more details in our previous article. Clarifying which wages [...]
The Coronavirus Business Interruption Loan Scheme (CBILS) was one of the first measures that the Government announced to support businesses hit by the coronavirus outbreak. An initial £330bn of easy to obtain lending from high street banks and 80% guaranteed by the Government was intended to [...]
The Government have today provided more clarity regarding the Coronavirus Job Retention Scheme. Who is eligible under the scheme? Businesses can claim for the following types of employees as long as they were on the payroll on 28 February 2020: Full time Part time Employees on [...]
