Employment allowance (EA) and CJRS

There has been some confusion as to how Employment Allowance (EA) is intended to interact with Cornonavirus Job Retention Scheme CJRS. Employment Allowance (EA) allows eligible employers to reduce their annual National Insurance liability by up to £4,000. You will pay less employers’ Class 1 National Insurance each time you run your payroll until the…

Business Interruption Loans (CBILS) – deadlines

The key deadline for Coronavirus Business Interruption Loans (CBILS) are as follows; ⇒ Firms have until 30 September 2020 to apply for the Coronavirus Business Interruption Loan Scheme (CBILS). ⇒ The deadline for banks to approve applications was extended by two months to 30 November 2020. ⇒ For the Coronavirus Large Business Interruption Loan Scheme…