CBILS are closing – deadline for completion The CBIL scheme is closing on 30th September 2020. The guidance from the British Business Bank is below: With effect from the 1st July, all CBIL transactions will be time bound for completion…
FFS! Well you knew that anything shortened to FFS would not be straightforward. HMRC have finally issued their delayed guidance on the FFS agreement requirements, although we are expecting changes. Please find here V1 of an agreement you can…
How to handle the flexibility now allowed. Our friends at 360HR have provided some more detail on the flexible furlough scheme, affectionately nicknamed “FFS”. Please find the latest here.
Updated information on Furlough Our friends at 360HR have passed on the latest information from HMRC. Under the flexible furlough scheme, employees no longer need to avoid doing any work for their employer, but can return to work…
Furlough Latest Information Changes to the scheme including the flexible elements being introduced and employer’s contribution. Update from our friends at 360HR here.
An update on our low cash motivation tips Keeping your team motivated is even more important than ever and in these Covid times the lack of funds and lack of contact can make that more difficult. Fi has revisited our…
Bounce Back Loans The Government have launched a scheme to help small and medium-sized businesses to borrow between £2,000 and £50,000. This scheme is not available yet. It will launch on 4 May 2020. The government will guarantee 100% of…
HMRC have provided some more guidance… … but as ever it leaves some questions unanswered. Please find the latest from our friends at 360HR here.
HMRC on Twitter So this is how they are disseminating information now: One of the most important points is a view from HMRC Customer Support via Twitter that any holiday taken during furlough needs to be paid at full pay,…
Latest on The Job Retention Scheme Our friends at 360HR have interpreted the Government’s latest clarification points on the JRS. They have summarised the main points here. Key points to note are: contractual fees and commissions can be included…
