EuroAshford LLP

07/08/2024

More green …

18/01/2024

26/10/2021

Want to know what the autumn budget has in store for you.

21/08/2021

Supporting cancer research and lionistic charities

21/08/2021

Supporting cancer research and other lionistic charities

07/04/2020

On Saturday 4th April, the Government released an update to the Coronavirus Job Retention Scheme.

There are both clarifications and new guidance available.

Here are some of the highlights for you:

If your contract allows employees to work for others while employed by you, they CAN work for work someone else while furloughed.Commission can be included in the calculation for pay - using variable pay formulaOvertime can be used to calculation for pay - using variable pay formulaThe 80% does not include non-monetary benefits e.g. car or health insurance, presumably as the employee continues to receive these.Company Directors and office holders can be furloughed, but this must be adopted formally as a resolution of the Company. Once furloughed, the Director / Office holder may ONLY carry out STATUTORY duties.Employees can be furloughed multiple times as long as each occasion is at least 3 weeks.As furloughing someone is a change to their contract of employment, it must be confirmed in writing and you must keep a record of the communication on the employee's file for 5 years (presumably so HMRC can check your records at a later date).



Please visit the link to keep updated on the various govt. scheme & other organisation updates:
www.businesssupport.gov.uk/coronavirus-business-support/

We would like to hear from you: if you have any queries, any questions, need any clarifications . We are able to assist on various fronts specially on the Coronavirus Business Loan Interruption Scheme (CBILS) .

We are here to assist & advise you in these difficult times. Please contact us on any of your queries. www.euroashfords.com

26/03/2020

Announcement by the Chancellor on Thu 26th March 2020 at 17:00

Government help for the self-employed

• New self-employed grant will pay
• 80% of average monthly pay (max £2,500pm) based on profits of last 3 years;
• Available for 3 months
• Can claim grant and continue working
• Available for those with trading profit up to £50,000;
• Must have filed a tax return for 2018/19 (even if it was late)
• HMRC will contact you directly and ask you to fill in a form by June 2020.
• Must have their main income from self-employment

Also available to self-employed is
• CBILS (Coronavirus Business Interruption Loan Scheme)
• Defer July 2020 SA payment to Jan 2021
• Access Universal credit

20/12/2019

Team Euro Ashfords were out in force to celebrate 2019 ... few sore heads next day 😄May the force be with you....☮️💯 # # #