UK corporate offence of failure to prevent tax evasion
On 3rd March 2021, UK Chancellor Rishi Sunak announced a £100 million Taxpayer Protection Taskforce (Taskforce) to scrutinise claims made under Government financial business support schemes designed to help companies and...more
A year since the introduction of the Coronavirus Job Retention Scheme, or the 'furlough scheme' as it is more commonly known, the extent of fraud associated with the government assistance programme has started to become...more
In today’s budget, UK Chancellor Rishi Sunak announced a £100 million Taskforce to scrutinise claims made under business support schemes designed to help companies and workers navigate their way through the economic impact of...more
UK COVID-19 Developments - Extension of support for retail, leisure and hospitality businesses - Further to the extension of the Coronavirus Job Retention Scheme (or furlough scheme), reported in the November issue of...more
A further update to the HM Treasury Direction concerning the Coronavirus Job Retention Scheme (“CJRS”) was published on 26 January 2021 making some further adjustments to the rules governing its operation. ...more
HM Treasury in the United Kingdom released its sixth direction concerning the Coronavirus Job Retention Scheme on 26 January 2021. Many of the central features of the furlough scheme have not changed, including the level of...more
Following the announcement of its third national lockdown on 5 January 2020, the UK government has updated its guidance on the Coronavirus Job Retention Scheme, stating that employers may furlough employees in circumstances...more
Although the government’s Job Retention Scheme (JRS) was originally expected to close on 31 October 2020, the government subsequently decided to extend it, initially to the end of March and then to the end of April 2021 (the...more
UK Chancellor Rishi Sunak announced on 17 December that the Coronavirus Job Retention Scheme (CJRS) is to be extended until 30 April 2021. This represents a further extension of one month. ...more
UK COVID-19 Developments - Extension of support for employed and self-employed workers - On 5 November, the UK Chancellor announced the extension of the Coronavirus Job Retention Scheme (or furlough scheme) to the end...more
In this issue, we examine the latest employment law developments, news and insights from the UK, including an HMRC bulletin confirming protections for participation in certain tax-advantaged share schemes amid the pandemic, a...more
In keeping with its tradition of issuing updates to the Coronavirus Job Retention Scheme (“CJRS”) on Fridays, the guidance issued earlier this week on the extended CJRS has been amended this evening in relation to the...more
HM Revenue & Customs (HMRC) in the United Kingdom (UK) has released its full guidance for the Coronavirus Job Retention Scheme (CJRS) extension, which was first announced by the UK government on 31 October 2020. The scheme...more
Although the government’s Job Retention Scheme (JRS) was initially expected to close on 31 October 2020, on 5 November 2020 the government announced that it would remain in place in some form until the end of March 2021 (the...more
Following the recent announcement of the extension of the Coronavirus Job Retention Scheme (CJRS or “furlough scheme”) and the suspension of the Government’s Job Support Scheme and Job Retention Bonus and then of the further...more
The Government announced shortly after midday Thursday that the Coronavirus Job Retention Scheme (CJRS) is now extended until 31 March 2021....more
On 22 October 2020, UK Chancellor of the Exchequer Rishi Sunak MP announced several important changes to the Job Support Scheme (JSS), including that the government will more than double its contribution for the JSS for...more
On October 31, 2020, the Coronavirus Job Retention Scheme (CJRS, widely known as the Furlough Scheme) comes to an end. The CJRS entitled qualifying employees whose work was affected by the pandemic to receive 80% of their...more
On 22 October 2020, the UK Government announced further changes to the Job Support Scheme (JSS) which will replace the existing Coronavirus Job Retention Scheme (CJRS), also known as the furlough scheme, when that scheme...more
As lockdowns loom across the land with the introduction of a three-tier system of restrictions based on local COVID-19 alert levels, at the highest alert level (tier 3) certain businesses will be forced to close, including...more
The unprecedented Coronavirus Job Retention Scheme (CJRS) is coming to end, as scheduled, on 31 October. As covered in our previous bulletin, the CJRS is being replaced by the Job Support Scheme (JSS)....more
The UK government announced on 9 October 2020 an expansion of the Job Support Scheme (Expanded JSS) to support workers and businesses through the continuing public health crisis. Businesses which are forced to close because...more
The Coronavirus Job Retention Scheme - On 26 March 2020, the UK Government announced the Coronavirus Job Retention Scheme (“the Furlough Scheme”). The Furlough Scheme was designed to protect the UK economy by assisting...more
Further detail has now been published about the Job Retention Bonus which employers who retain furloughed employees until the end of January 2021 will be eligible to claim. Introduction - Following the Government’s...more
The UK Government announced yesterday, as part of its Winter Economy Plan, that from 1 November 2020 it will introduce a new Job Support Scheme, which will replace the existing Coronavirus Job Retention Scheme (“CJRS”), also...more