Insights

Hardship Fund Deadline This Friday

Hardship Fund Deadline This Friday

Applications to the NI Micro-business Hardship Fund will close on Friday. This fund aims to support Northern Ireland based micro-businesses and social enterprises unable to access other regional and national COVID-19 support measures. Up to £10,000 will be available...

Job Retention Scheme – Wednesday Deadline Reminder

Job Retention Scheme – Wednesday Deadline Reminder

Ahead of the Wednesday (10th June) cut off, all employers must ensure they have placed all of those employees and qualifying workers on furlough leave that they wish to claim JRS for. We would also urge all employers to take the following steps: 1. Revisit your...

Future of the Job Retention Scheme

Future of the Job Retention Scheme

The Chancellor Rishi Sunak announced a series of changes to the Government's furlough scheme at the weekend, including workers being able to go back part-time. From Wednesday 1st July, businesses using the Government's furlough scheme will be able to bring furloughed...

Extension to the Self-Employment Income Support Scheme

Extension to the Self-Employment Income Support Scheme

The Self Employment Income Support Scheme (SEISS) has been extended, enabling individuals to make a second and final grant claim in August 2020. Tax Director Angela Keery looks at the latest announcement. This extension is welcome, and gives some additional security...

Insights from Our Team: Colin Whyte

Insights from Our Team: Colin Whyte

We  talk to Restructuring and Insolvency Manager, Colin Whyte, about how he is finding working from home and lockdown life. “Working from home has had its challenges, but it’s certainly had its highlights. Being able to enjoy lunch in the garden with my two children...

Coronavirus Statutory Sick Pay Rebate Scheme

Coronavirus Statutory Sick Pay Rebate Scheme

The online Coronavirus Statutory Sick Pay Rebate Scheme will be launched on 26 May.  Through this, small and medium-sized employers can recover Statutory Sick Pay (SSP) payments they have made to their employees due to COVID-19-related absence. The key points of the...

Brexit Update – Northern Ireland Protocol

Brexit Update – Northern Ireland Protocol

Tax Director Angela Keery looks at the newly published protocol. Whilst most of us have had our attention focused on Covid19, time has been ticking down on the Brexit transition period to 31 December 2020. This week has seen a few key developments,  including the...

Job Retention Scheme: Holiday & Holiday Pay Update

Job Retention Scheme: Holiday & Holiday Pay Update

The UK government has published an update on workers’ entitlement to holiday and holiday pay during the coronavirus pandemic with some further clarity on whether an employer can require a worker to take holiday whilst on furlough. Whilst the guidance is not legally...

Micro-business Hardship Fund to Open

Micro-business Hardship Fund to Open

Further details on the fund to support micro-businesses and social enterprises unable to access other regional and national COVID-19 support measures have been announced. £40 million is available through the fund, which is administered by Invest NI on behalf of the...

Exemption for Reimbursed Home Office Expenses

Exemption for Reimbursed Home Office Expenses

Whilst Government advice is still to work from home where you can, we are all having to adjust to new surroundings. In an attempt to make working from home as easy as possible, a new temporary tax and National Insurance exemption has been announced, to allow employers...

Insights From Our Team: Chris Bradley

Insights From Our Team: Chris Bradley

This week we caught up with Tax Manager Chris Bradley to find out how he has found the past few weeks of lockdown life. “The last few weeks have definitely been a learning curve, but a good one. We have a baby at home, he isn’t even a year old yet, and he’s been very...

Job Retention Scheme Update

Job Retention Scheme Update

The Chancellor has extended the Coronavirus Job Retention Scheme for four months until the end of October after promising that there will be no "cliff-edge" end to the furlough scheme.The scheme will continue in its current form until the end of July and the changes...

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