Business and Tax News - Mar 2020

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June 1st 2020
Tax Week 9
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BUSINESS AND TAX NEWS - MAR 2020

Self Employed Package To Pay Out 80 Percent of Average Income

SELF EMPLOYED

Self Employed Package To Pay Out 80 Percent of Average Income

Self-Employed Income Support Scheme (SEISS) announced by Chancellor Rishi Sunak, how much will self employed people receive?

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Employers To Get Grants To Cover Employee Salaries

GENERAL

Employers To Get Grants To Cover Employee Salaries

Up to 80% of salary, to a max of £2,500 per month, can be claimed by employers to continue paying furloughed staff.
How Much Could Be Saved By Freezing Employee Taxes For Employers

PERSONAL TAX

How Much Could Be Saved By Freezing Employee Taxes For Employers

Wage rescue plan from government may allow firms to keep regular payroll deductions. Use this calculator to see the total deductions from your employee payroll that could be retained.
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