With numerous Government schemes open to businesses and individuals to help deal with the impact of the Coronavirus outbreak, there are dozens of key dates to be aware of in the coming months.
To help you plan ahead here are some key dates for your calendar:
31 August 2020
Eat Out to Help Out closes to customers.
1 September 2020
Grants from the Coronavirus Job Retention Scheme (CJRS) taper down to 70 per cent of a furloughed employee’s usual wages up to £2,187.50 a month, with employers required to contribute another 10 per cent, so that furloughed employees continue to receive 80 per cent of their usual wages.
1 October 2020
Grants from the CJRS taper down to 60 per cent of a furloughed employee’s usual wages up to £1,875 a month, with employers required to contribute another 20 per cent, so that furloughed employees continue to receive 80 per cent of their usual wages.
31 October 2020
CJRS closes. Employees can no longer be furloughed after this date.
11 November 2020
Extension of Statutory Sick Pay rules to support businesses affected by Coronavirus comes to an end.
30 November 2020
Last date for making claims for the CJRS.
12 January 2021
Temporary cut to VAT on certain supplies with the hospitality and leisure sectors ends.
31 January 2021
Date until which staff previously furloughed under the CJRS, who have been brought back and paid £520 on average from October to January must be continuously employed for the employer to qualify for a £1,000 Job Retention Bonus.
Payments for the Coronavirus apprenticeship scheme come to an end.
31 March 2021
The temporary Stamp Duty Land Tax holiday ends.
5 April 2021
COVID-19 one-year business rates holiday ends.
Last day a usual Companies House filing deadline can be extended for a further three months.
If you require assistance with any of these key dates or the emergency measures which they relate to it is strongly advised that you seek professional advice.