COVID-19 Government Support up date on 12 May 2020

COVID-19 Government Support up date on 12 May 2020
13th May 2020 Debbie

Coronavirus Job Retention Scheme

The scheme is to be extended to the end of October and the Chancellor announced the introduction of a new “part-time” furlough flexibility from August.

From the start of August furloughed workers will be able to return to work part-time, with employers asked to pay a percentage towards the salaries of their furloughed staff.  Part-time working will only be permitted for employees currently using the scheme.

More specific details around the implementation of the new scheme will be made available by the end of May.


HMRC updated guidance on reasonable excuse following Coronavirus

HMRC have updated there guidance on the above, with regards to filing late returns and late payment of tax, to cover the Coronavirus.

The taxpayer would need to explain how they were affected by the Coronavirus and demonstrate that they submitted the return or made payment as soon as they were able to do so.