Businesses return £215 million furlough payments to the Government

Posted on September 21, 2020 Posted in - Accountancy, Accounting, Blog, Business, Business Advice, Business Blog, Covid-19, Covid-19 Job Retention Scheme & Furloughing, Finance, Government Funding, Job Retention, Job Retention Scheme & Furloughing, Latest Business News, SMEs / Business

According to HM Revenue and Customs (HMRC), more than £215 million of Coronavirus Job Retention Scheme (CJRS) payments have been willingly returned to the Government by UK firms, out of £35.4 billion worth of claims up until 16 August. Read more…

Coronavirus Job Retention Scheme rejects claims after employer accounting errors

Posted on September 18, 2020 Posted in - Accountancy, Accounting, Blog, Business, Business Advice, Business Blog, Covid-19, Covid-19 - Grants, Covid-19 Employment, Covid-19 Job Retention Scheme & Furloughing, Covid-19 Loans, Employment, Finance, Job Retention Scheme & Furloughing, SMEs / Business

The Institute of Chartered Accountants in England and Wales (ICAEW) has warned businesses to get “their data right” or face delays receiving grants under the Coronavirus Job Retention Scheme (CJRS). Read more…