Covid19 – TC Alexander Sloan Credit Union Services

Working from Home Allowance

Steven Cunningham — Sun, 01 Nov 2020 16:40:46 +0000

We have had a number of questions regarding benefits that can be paid to staff for working from home. Staff that are working from home may be able to make a tax relief claim. From 6th April 2020 they can claim £6 per week without having provide any evidence of costs incurred. Alternatively, the employee can …

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Furlough Extended

Steven Cunningham — Sun, 01 Nov 2020 16:37:42 +0000

The announcement by the Prime Minister on the 31 October of a second lockdown in England contained confirmation that the Coronavirus Job Retention Scheme (the ‘furlough scheme’) would be extended until 30 November. The extension applies to all UK nations. The Job Support Scheme which was due to start on 1 November has therefore been …

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Job Support Scheme Update

Steven Cunningham — Mon, 26 Oct 2020 10:33:59 +0000

With the furlough scheme ending at the end of October the UK is moving to the new Job Support Scheme. The proposed scheme was significantly worse than the furlough scheme with employers facing the vast majority of costs. The Government, however, has updated the proposals which makes the scheme more advantageous than originally announced. The …

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Coronavirus: Government Support September 2020

Steven Cunningham — Thu, 24 Sep 2020 16:57:50 +0000

The Chancellor, Rishi Sunak, announced his Winter Economy Plan to support businesses and jobs on 24 September 2020. Job Support Scheme The new Job Support Scheme will begin on 1 November and replace the “furlough” scheme. To be eligible for the scheme employees must work a minimum of 33% of their hours. The government and …

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Coronavirus: Regulators

Steven Cunningham — Thu, 02 Apr 2020 19:25:46 +0000

There have been a number of recent announcements by both regulators since the Coronavirus outbreak. We include a summary of some of the main headlines and links to more information. FCA The FCA have set up a page which summaries their information on Coronavirus which can be found by clicking here and provides a useful summary. …

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