Covid-19

People waiting for surgery now entitled to SSP

New rules have come into force meaning anyone advised to self-isolate prior to planned or elective surgery or other hospital procedure could be entitled to Statutory Sick Pay (SSP). To be eligible under this provision the person must: • have received a pre-surgery notification; • have been advised to stay at home for a period of up to 14 days

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Online workplace help available from Acas

Employment and workplace advisory body Acas is running a series of online seminars dealing with a number of workplace issues, including Covid-19 and the return to the workplace. Topics covered include managing staff redundancies; changing an employment contract; returning to the workplace after lockdown; flexible furlough and ending furlough; and shielding and vulnerable people. These new digital training sessions are

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Why bookkeepers should see recession as an opportunity

Why bookkeepers should see recession as an opportunity Despite government loans and furlough schemes, the UK has officially entered recession for the first time in 11 years. Between April and June 2020, as coronavirus lockdown measures hit, the economy shrank by 20.4% compared with the first three months of the year. It’s a worrying time for small business owners and

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Working families affected by Coronavirus given boost

Families who benefit from childcare support have had a promise from the government that they would not lose out due to Covid-19. Working parents or carers who are eligible for Tax-Free Childcare or 30 Hours Free Childcare, but have temporarily fallen below the minimum income requirement as a result of the pandemic, will continue to receive financial support until 31

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More than 1.3 million sick days claimed in July

More than 1.3 million working days have been claimed for in just over one month of the Coronavirus Sick Pay Scheme – yet the vast majority of SMEs are ignorant of the scheme, according to research by UHY Hacker Young. It allows SMEs to claim money from the government for any employee who has taken time off work with coronavirus

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Changes to ADR process announced by HMRC

HMRC have made important changes to the way it operates the Alternative Dispute Resolution process. The recent changes to the tribunal rules mean that we can now consider Alternative Dispute Resolution applications at any stage of the process up to the date of the tribunal. In an email to agents HMRC said: “We are also changing the way we carry

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No formal inquiry into huge hikes in overdraft fees

Banks will not face an enquiry from the UK’s financial watchdog into their controversial decision to hike overdraft fees by as much as 40%. The Financial Conduct Authority (FCA) said it would undertake a full evaluation of lenders’ pricing structures in 2021. In January, the FCA challenged the banks to explain the changes to their overdraft rates that would leave

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Flexible furlough scheme now up and running

UK businesses are now able to bring furloughed staff back to work part time as part of the government’s plan to kickstart the economy. The Coronavirus Job Retention Scheme (CJRS) has helped protect more than 9.3 million jobs through the pandemic, with employers claiming more than £25.5 billion to support wages. The change to the rules came into force on

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Almost half of UK firms anticipate more job losses

Some 42% of UK companies say they will be forced to lay off staff because of the Covid-19 pandemic. A YouGov survey found that more than two-fifths expect they will have fewer employees in a year’s time compared with pre-lockdown numbers. Just 16% of companies surveyed expect to employ more people in a year’s time than before lockdown. Sectors most

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