All your essential tax details for payroll management are here in Pay Academy's annual Tax Update Card. Download and print out and stick it on your wall. … [Read more...] about Tax Update Card 2021-2022
Apologies for posting once again but we are fighting an uphill battle to keep abreast of updates to the Job Retention Scheme. Now if that has just turned you off because you are lucky enough to not need the … [Read more...] about Updating our previous update: CJRS 3
The Job Support Scheme V2 that was due for launch yesterday, has now been shelved, as many of you already know. In light of the new restrictive measures we are turning the clock back to August in the shape … [Read more...] about Flip-flop furlough
All bets are off. Stand by your beds while HMRC rearranges the deck chairs and we'll get back to you as soon as we know what is happening Who could ever have imagined that payroll would get so exciting … [Read more...] about The next Big Thing: Job Support Scheme
So time to get you up to speed with the ever changing world of payroll. In September, furlough pay will continue to be calculated at 80% of usual pay however, you will only be able to claim 70% of usual pay … [Read more...] about Furlough grants – what next?
In all the chaos of COVID-19 the changes to the EA from April 2020 got somewhat lost. By way of a catch-up; this was a grant introduced a few years ago to help stimulate job creation. It allowed employers to … [Read more...] about Employer Allowance (EA)
Under CJRS2 what you can claim is changing month on month. Below is a "Cut-out and keep calendar" that shows you what and when. Month Furlough claim Limits Employer must pay Pension and … [Read more...] about Cut out and keep the CJRS2 Calendar
Coronavirus Job Retention Scheme 2 (CJRS2) commences 1st July and will end 31st October. It builds on CJRS1 with notable differences: CRJS2 - furlough but not as we know it No longer a limit on … [Read more...] about Coronavirus Job Retention Scheme 2 – what is it?
The Job Retention Bonus Scheme is a one-off payment of £1,000 to employers that have used the Coronavirus Job Retention Scheme (CJRS) for each furloughed employee who remains continuously employed until … [Read more...] about Job Retention Bonus Scheme
Some of you may have overlooked (in all this chaos) that way back in February the Government announced that the first two weeks of an employee’s SSP for COVID related sickness would be recoverable from … [Read more...] about Blast from the past – Government funded sick pay