Summer Budget
Yesterday, the Chancellor, Rishi Sunak, announced the Covid-19 summer budget which saw him introduce several initiatives in order to help businesses recover and kickstart the economy. These include the following: Job Retention Bonus Firstly, Employers will receive a £1000 bonus (per employee), for each furloughed employee who remains in continuous employment until 31st January 2021. In […]
HOT OF THE PRESS: Changes to SSP
Following the latest Budget, the government has announced that new SSP Regulations come into force today. These Regulations state that employees who are self-isolating to prevent infection or contamination, should be paid SSP. Boris Johnson stated that anyone showing even mild symptoms of the coronavirus needs to self-isolate for 7 days. We are still awaiting […]
Breaking news: Statutory sick pay
Rishi Sunak, Chancellor of the Exchequer has published his budget today at lunchtime. Some good news for employers which they may welcome – the government will reimburse small employers (less than 250 employees) any statutory sick pay they pay to their employees for the first 14 days that they are off sick. The current rate […]