The Government, has announced further changes to the Coronavirus Job Retention Scheme (CJRS) which confirms the introduction of flexible furloughing and also the increased costs to employers if they are furloughing employees from 1 August onwards: Changes to the Coronavirus…
The Chancellor announced on 29 May the changes to the Coronavirus Job Retention Scheme. This will of course have an impact for those employers who have furloughed employees under the Scheme. The Government has produced a factsheet outlining the changes with…
Andrew Katz, Moorcrofts Joint Managing Partner and Head of Technology will deliver a presentation proposing the OpenChain compliance standard as a framework for open source compliance in M&A as part of OpenUK’s series of Future Leaders training sessions on Friday…
The Government is launching on 26 May 2020 its new online service, which will allow employers with less than 250 employees to recover some of the costs of paying Coronavirus related Statutory Sick Pay (SSP): Coronavirus Statutory Sick Pay Rebate…
The issue of holiday and employees furloughed under the Government’s Coronavirus Job Retention Scheme (CJRS) was one of the more tricky issues that the CJRS threw up. The initial uncertainty wasn’t helped that the first few reiterations of the CJRS…
The Chancellor has just announced the extension of the Coronavirus Job Retention scheme which will of course have an impact for furloughed employees. Under the Scheme, employers who have properly furloughed employees, can recover from HMRC the lower of 80%…
On the back of the Government’s announcement on Sunday and the first tentative steps to ease the lockdown during the current Coronavirus pandemic, the Government has also published its guidance on the steps employers need to take to ensure that…
Following the restriction on a landlord’s ability to forfeit a lease for non-payment of rent, introduced by the Coronavirus Act 2020, the Government has again stepped in to offer more protection to commercial tenants by prohibiting landlords from issuing statutory…
“Bounce Back Loan” Scheme to Assist Struggling SMEs The Government has announced lending assistance in the form of the “Bounce Back Loan Scheme” intended to help small and medium-sized businesses affected by the Covid-19 pandemic to borrow between £2,000 and…
Specialist Corporate and Technology Law Firm, Moorcrofts, has secured a five-figure sum from the European Commission’s Next Generation Internet programme to research and develop an open source app that can be used to search for and identify sensitive data in…
The Coronavirus Job Retention Scheme which allows employers to recover certain wage costs for employees that have been furloughed seems to be constantly evolving which perhaps is not surprising given that this is the first time that such assistance has…
Relaxing the insolvency laws The UK Government has announced that it will introduce new measures to support businesses under pressure as a result of the coronavirus outbreak. The Business Secretary, Alok Sharma, announced plans to make changes to enable UK…