Every business is looking at how it can reduce overheads and increase efficiency, non more so than now due to the recession caused by the Covis-19 Pandemic. So, is outsourcing your payroll the right move right now? In our view, few areas of a business are quite as ripe for outsourcing as payroll So how … Read more
October Furlough Changes From 1st October, the amount employers can claim for furlough drops to 60%, up to a cap of £1875.00 per month, with the employer having to make up 20% of gross pay, so employees still receive 80% of their pay. This will be the final month of the Coronavirus Job Retention Scheme. … Read more
HMRC has blocked thousands of applications for the government’s Coronavirus Job Retention Scheme (CJRS) due to fears that they were fraudulent. More than 30,000 CJRS applications have been rejected by HMRC, according to reports. At the end of June, 1,526 CJRS claims were rejected because the companies applying had ceased trading. An additional 23,899 applications … Read more
Research by the Resolution Foundation into auto-enrolment enforcement by has revealed that over 800,000 workers (c.5% of all employees) who are eligible to receive a workplace pension have either not been enrolled at all by their employer, or are receiving contributions that are less than the minimum required level. It seems that many of these … Read more
Nationally, it has been reported that over 9 million people have been supported by the furloughing scheme at a cost to the government of over £30 billion and rising. That is the national picture. Here at JLP, where all of our clients are small businesses employing less than 50 people, we have seen a different … Read more
From 1st July 2020 businesses will have the flexibility to bring furloughed employees back to work part-time, with the government still paying 80% of wages for any of their normal hours they do not work up until the end of August. Employers can decide the hours and shift patterns that employees work. This means that … Read more
Although lockdown has restricted business for many, some businesses have been taking on new employees during this period. Likewise, there will also be individuals who have used this time to start their own business and will be planning for the costs involved in taking on their first employee as the business grows. If you are … Read more
The CJRS scheme will close to anyone who hasn’t been furloughed for 3 weeks by 30th June. This means you will only be able to claim for employees after that if they have been furloughed for a 3 week period at any time before 30th June. Working back, this means that the last day an … Read more
The Covid-19 pandemic has disrupted every facet of life in the UK. However, when it comes to workplace pensions, it has been confirmed by the Pensions Regulator, that employers should continue to enrol, re-enrol and contribute towards workers? pensions whether they are furloughed or not. This warning comes alongside the Government’s landmark Coronavirus Job Retention … Read more
The National Minimum Wage is statutory and legally binding. Companies must comply. However, the Low Pay Commission (LPC) published a report on 7th May 2020 which highlighted the fact that there is still a lot of non-compliance about. It also discussed the area of enforcement. More than 423,000 Workers are Underpaid The LPC’s report, which … Read more
