In addition to the National Coronavirus Job Retention scheme announced yesterday, Rishi Sunak said he would “strengthen the safety net for those who work for themselves” with – Sick Pay The Chancellor announced that “self-employed can now access in full universal credit at a rate equivalent to statutory sick pay for employees”. The current SSP […]
Coronavirus Job Retention Scheme Further to a package of schemes to support business during the coronavirus crisis announced earlier this week, Chancellor Rishi Sunak announced a new job retention scheme yesterday. This will mean that UK workers of any employer who is placed on the Coronavirus Job Retention Scheme can keep their job, with the […]
The reclaiming of Statutory Sick Pay (SSP) for COVID19 has only just come into effect, this means that none of the payroll systems are currently designed to claim back SSP. If we process payrolls for you, it’s important to let us know if any employees are sick due to COVID19. We will then keep a record of so when the repayment mechanism […]
COVID-19 : SUPPORT FOR BUSINESSES The Chancellor set out a package of measures yesterday, in addition to those announced in the Budget 2020, to help support public services, people and businesses during this challenging time. These include: statutory sick pay relief package for SMEs a 12-month business rates holiday for all retail, hospitality and leisure […]
National Insurance thresholds The government has recently announced National Insurance thresholds for 2020/21. Most thresholds will rise with inflation. Two thresholds, however, will rise by 10% from £8,632 to £9,500: the primary threshold – which sets the level at which employees start to pay Class 1 National Insurance contributions (NICs) the lower profits limit – […]
The Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020. In his speech he stated ‘we are at the beginning of a new era in this country. We have the freedom and the resources to decide our own future’. ‘It is a Budget of a government that gets things done’. Our summary […]
The Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020. In his speech he stated ‘we are at the beginning of a new era in this country. We have the freedom and the resources to decide our own future’. ‘It is a Budget of a government that gets things done’. Our summary […]
Full budget response 2020 Budget Bryden Johnson
This year International Women’s Day continues to celebrate women’s achievements while calling for greater equality. The theme for 2020 is #EachforEqual with the aim to collectively work together to challenge stereotypes, fight bias, broaden perceptions, improve situations and celebrate women’s achievements. 2020 is an exciting year for Bryden Johnson as Director, Jackie Wilding will be […]
Financial management is often the most complex and confusing part of running a business. That is why accountants are so important. Statistics say that in 2018, 5.7 million businesses operated in the UK. At the core of these businesses are the accountants who ensure money is going in and out correctly. If you want to […]
