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Newsletter 18/11/2020

I’m seeing more and more Christmas tree’s popping up in my neighbours houses each day. It’s a sign that we’re going to make the most of lockdown as best we can and even more encouragingly it shows that we will not let this pesky bug take away our Christmas spirit! (I’m sorry to talk about Christmas in November but it’s nice to talk about something other than coronavirus even if it’s just for a minute!)

As promised, Together We Count will keep you up to date with all changes or announcements that may affect you and your business throughout the coronavirus pandemic. Please take your time to read through the content, use the links for examples and if you wish to discuss it on a personal level then please do not hesitate to get in touch using the contact details at the bottom. 

You may find it useful to subscribe to our blog to ensure you never miss an update.




Additional Restrictions Grant


The objective

  • To provide funding to businesses that do not directly pay business rates.

Eligible businesses

  • Those which supply the retail, hospitality and leisure sectors.
  • Businesses in the events sector.
  • Businesses required to close which do not pay business rates.

Exclusions

  • Businesses in administration, insolvent or have been struck off the Companies House register.
  • Businesses who have exceeded the permitted state aid threshold (200,000 euros over the past 3 years).

What is the amount of the grant?

  • That is left at the discretion of each local authority (LA).

How to apply

  • Visit the relevant LA’s website to find out how to apply.
  • The business will be asked to complete a declaration confirming that they have not exceeded the relevant state aid threshold and was not an undertaking in difficulty on 31st December 2019.


Coronavirus Job Retention Scheme November Update

Pre-November CJRS claims deadline

  • All CJRS furlough claims for the period 1st July 2020 to 31st October 2020 must be submitted no later than 30th November 2020.

November onwards CJRS claims deadline

  • CJRS claims must be submitted before midnight on 14th of the month following the month you are claiming for (e.g. November claim – 14th December 2020).
  • If the 14th falls on a weekend then it will be the end of the next working day.
  • A reasonable excuse maybe accepted if the deadline is missed.
  • If a claim has been understated you will have 28 days from the end of that month to correct it.

Company directors

  • Office holders and salaried company directors are still eligible to be furloughed.
  • Directors, whilst furloughed, should only carry out statutory duties which they are legally obliged to do. For example, the daily upkeep of the business, including legal filings, record keeping, payroll, preparing annual accounts and updating general records.

CJRS - Employees not on the payroll on 19th March 2020 


Furloughed employees on a fixed wage

  • The pay reference period as regards CJRS claims is the last pay period ending on or before 30th October 2020.
  • Example 3.3 on the link below shows how to calculate the CJRS claim.

https://www.gov.uk/government/publications/find-examples-to-help-you-work-out-80-of-your-employees-wages/examples-of-how-to-work-out-80-of-your-employees-wages-national-insurance-contributions-and-pension-contributions

Furloughed employees on variable pay/hours

  • The relevant pay for CJRS purposes is their average wage between 6th April 2020 (or if later the date the employment started) and the day before they are furloughed on or after 1st November 2020.
  • Example 3.9 on the link below shows how to calculate the average earnings.

https://www.gov.uk/government/publications/find-examples-to-help-you-work-out-80-of-your-employees-wages/examples-of-how-to-work-out-80-of-your-employees-wages-national-insurance-contributions-and-pension-contributions


  • When working out the CJRS claim, where an employee works variable hours you will need to calculate the ‘average’ hours per day and then apply that to pay reference period (in part or in full) for which the CJRS claim is for.
  • Example 2.9 on the link below shows how to calculate the ‘average’ hours worked per day and how to apply it to the relevant furlough period.

https://www.gov.uk/government/publications/find-examples-to-help-you-work-out-80-of-your-employees-wages/examples-of-how-to-work-out-80-of-your-employees-wages-national-insurance-contributions-and-pension-contributions



"You may find it beneficial to subscribe to our blog to ensure that you never miss an update" 




Take good care and don’t hesitate to get in touch.

Aaron and The Team at TWC




info@togetherwecount.co.uk

www.togetherwecount.co.uk

https://g.page/Together-We-Count-Limited?gm

01273 569088

0114 400 0119
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