Business News | September 1, 2021

1 in 5 UK employers consider making redundancies

A minority of UK employers could be about to cut jobs, due to the withdrawal of the furlough scheme and rising costs. The scheme, which has protected around 11.6 million jobs since the start of the pandemic, will close on 30 September 2021. The Government currently pays 60% of a furloughed worker’s wages and employers … Continued

Tax News | September 1, 2021

Capital gains tax receipts climb 3% to record-high

HMRC collected a record of £9.9 billion from capital gains tax receipts in 2019/20, according to official statistics published last month.  The tax authority said this was 3% up on the previous tax year’s receipts, but the number of taxpayers paying tax on their gains fell 6% to around 265,000. Most of the liabilities collected … Continued

Charity News | January 15, 2020

Mayoral Inclusive Growth Fund Grant

Liverpool City Council (LCC) is offering a short-term grant for organisations across the city, for new* projects, that contribute towards the aims and priorities of the Inclusive Growth Plan. The project must: Tackle an underlying issue in your local community Benefit the wider community and not just support a single user group Make a real long … Continued

Employer News | August 2, 2021

Employer costs increase as furlough scheme winds down

Employer contributions towards furloughed workers’ wages have increased again, as the furlough scheme prepares to close for good on 30 September 2021.  Officially introduced at the start of the pandemic in March 2020, the scheme has supported around 11.6 million jobs in the UK to date at a cost of £66 billion. For most of … Continued

BWM Online News | November 6, 2020

Govt. extends furlough scheme ahead of lockdown in England

The Government has extended the furlough scheme for employers until the end of March 2021, as a second lockdown in England is announced to slow the resurgence of COVID-19. Furloughed employees will now receive 80% of their current salary – up to £2,500 – for hours not worked, initially until the end of March 2021, Sunak told … Continued

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