News and Information
The world of Payroll can be confusing at times, particularly as legislative changes and updates happen so frequently.
The Extended Furlough Scheme part 1
The furlough scheme is to be extended for a further month from the 1st November 2020.
Employment Allowance and Furlough Pay
You cannot claim Employment Allowance against furloughed workers, and this is for the whole of the tax year.
Furlough Claim Changes from August
Furlough claims are changing from August as you can no longer claim for employer’s National Insurance Contributions or pension payments, so the amount that can be claimed is reducing.
NI and Pension Calculations For Furloughed Workers
There are changes proposed with the way employer’s National Insurance is calculated for the period of July. The proposal is more in line with the original guidance issued up to the 20th April.
Flexible Furlough
As part of the Coronavirus Job Retention Scheme from 1st July 2020 workers can return to work on reduced hours whilst remaining furloughed.
Employment Allowance April 2020
The Employment Allowance is £3000 that can be offset against an employer’s NICs (National Insurance Contributions).
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