COVID-19 Update #92: MPs say employees who opted-out of their workplace pension should be able to re-enrol early
A government committee has said that employees who opted out of their workplace pension due to COVID-19 should be encouraged back into saving sooner than auto-enrolment rules would usually allow. Under the current rules, employees aged between 22 and state pension age... read more COVID-19 Update #91: HMRC publishes new information about the job retention bonus
In a bid to encourage employers to hang on to staff once the furlough scheme ends, the government has introduced a job retention bonus. This will enable employers to claim a one-off payment of £1,000 for every employee they’ve previously received a grant for under the... read more COVID-19 Update #90: New government funding to boost recovery for small businesses
Small businesses in England are set to benefit from a £20m boost from the government. The funding is being introduced in a bid to help smaller companies recover from the effects of Coronavirus. The Minister for Regional Growth and Local Government has stated that SMEs... read more COVID-19 Update #89: Post-COVID-19 support for businesses
Since the Budget in March, businesses around the UK have been invited to take advantage of a number of different support schemes to help manage the financial impact of Coronavirus. In a more recent update on 8 July, chancellor Rishi Sunak announced several new... read more