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Government launches Coronavirus Statutory Sick Pay Rebate Scheme May 29, 2020

The government has launched an online service to allow employers to recover the Statutory Sick Pay (SSP) payments they have made to their employees during the coronavirus (COVID-19) pandemic. The Coronavirus Statutory Sick Pay Rebate Scheme, which was announced at the 2020 Budget as part of a package of support measures for businesses affected by
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Future Fund launches to give start-ups coronavirus support May 29, 2020

The government has launched its Future Fund package, which aims to support start-up businesses not eligible for other coronavirus (COVID-19) rescue measures. The Future Fund offers government loans of between 125,000 pounds and 5 million pounds to UK-incorporated companies, provided private investors at least match the funding supplied by the state. The package is aimed
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IPSE urges government to extend self-employed support scheme May 29, 2020

The government is being urged to extend its coronavirus (COVID-19) Self-employment Income Support Scheme (SEISS) for as long as self-employed individuals require it. The Association of Independent Professionals and the Self-Employed (IPSE) said that the difference between the SEISS and the Coronavirus Job Retention Scheme (CJRS) for employees is a ‘glaring injustice’. It warned that
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Government makes temporary changes to Tax-Free Childcare scheme May 20, 2020

The government has made temporary changes to its Tax-Free Childcare (TFC) scheme as a result of the coronavirus (COVID-19) pandemic. The temporary changes to the eligibility criteria for TFC and the 30 hours free childcare scheme are designed to help families during the COVID-19 lockdown. The changes affect individuals who are on furlough; those unable
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Close to £15 billion borrowed through government’s coronavirus schemes May 20, 2020

Almost £15 billion has now been borrowed through government-backed schemes designed to help businesses get through the coronavirus (COVID-19) crisis, according to the latest figures from the Treasury. More than 304,000 businesses have now accessed support through either the Bounce Back Loan Scheme (BBLS), the Coronavirus Business Interruption Loan Scheme (CBILS) or the Coronavirus Large
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