History tells us that even after a significant time of disruption, as a human race we tend to very quickly go back to normal. Lockdown has gone on so long though that there’s a good chance some new business habits will stick.
Throughout recent months, there have been widespread reports of an uptick in fraudulent websites, charity scams and fake emails purporting to be from banks, etc. This increase in fraudulent activity is being driven by opportunists who are attempting to take advantage of the confusion and change of circumstances resulting from the current global pandemic.
As readers will no doubt be aware the present Coronavirus Job Retention Scheme is due to cease at the end of October 2020. However, there is a bonus claim that certain employers can make next year if they retain employees beyond the present 31 October 2020 deadline.
Business owners are starting to think about bringing people back to the workplace – whether it be virtually or physically. So how does your business look post-Covid 19? And have you got the right resources in place to drive you forward?
Your tax dates for the month ahead.
New legislation applies from 31 July 2020 to ensure that furloughed employees receive statutory redundancy pay based on their normal wages, rather than a reduced amount based on their furloughed pay.
The amount of pay that a worker receives for the holiday they take depends on the number of hours they work and how they are paid for those hours.
According to the Office for National Statistics, economic activity in the UK fell by 20.4% in April 2020. This is the largest drop in a single month since records began in 1997.
The Chancellor, Rishi Sunak continued with his campaign to support the business and jobs community today, 8 July 2020, as firms engage with the disruption caused by the coronavirus outbreak and the measures taken to control infection.