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Not a question - furlough extended

Furlough extended until end of March 2021

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Rishi's latest announcement - title says it all for now.

(Random tags - these are such a waste of time!)

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By TC80
05th Nov 2020 12:36

That's two changes in less than a week.

He's a rabbit caught in the headlights and making changes on the hoof

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RLI
By lionofludesch
05th Nov 2020 12:46

Glad I didn't spend any time on the JSS detail.

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Replying to lionofludesch:
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By the_drookit_dug
05th Nov 2020 13:02

I spent a couple of hours studying the detailed guidance on Friday night - I'm still putting it down on my ICAS log for CPD.

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By NYB
05th Nov 2020 12:50

This is the same MrSunak who was never going to extend CJRS.. And a bit worrying is he confirmed this period of "business interruption" will end 2nd December. Most worrying as one has to take the opposite to what he (and Boris) are saying

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By Jimess
05th Nov 2020 12:58

The BBC are saying that the continued furlough scheme cancels the Job Retention Bonus - I never heard that mentioned in Rishi's speech - does anyone else know any more?

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By NYB
05th Nov 2020 13:06

I think he said it was pushed back - something to that effect. He didnt say it was CANCELLED as such.
Common sense dictates it will be thought about in March. Mind you common sense doesnt come into any of tis.

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Replying to NYB:
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By TC80
05th Nov 2020 13:11

Yes he said it will be reviewed at the appropriate time, i.e. when furlough ever ends.

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By Jimess
05th Nov 2020 13:22

Thanks - the phone rang halfway through his speech so I missed some of it. It makes sense to delay the bonus until the scheme finishes, but bad news for some employers that have been hoping to get that boost to their coffers in February.
Was there any announcement/confirmation on directors please?

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By Cheshire
05th Nov 2020 13:25

I gave up after the initial blurb when it just seemed white noise. Up to that point heard nothing about Directors despite the earlier hint from Rees-Mogg.

Im not holding my breath but would love to be proved wrong and that the forgotten are now being remembered.

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Replying to Cheshire:
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By Jimess
05th Nov 2020 13:34

No doubt it will all come out - or not, as the case may be, in the copious amounts of guidance that will be released just before 8pm on Friday night, just in case we accountants need something to do over the weekend.

Fingers crossed eh!

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Replying to NYB:
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By Wanderer
05th Nov 2020 15:03

NYB wrote:

I think he said it was pushed back - something to that effect. He didnt say it was CANCELLED as such.

My notes say that he said that it 'falls away'.
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Replying to Wanderer:
RLI
By lionofludesch
05th Nov 2020 15:17

Wanderer wrote:
My notes say that he said that it 'falls away'.

You're taking notes ??

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A Putey FACA
By Arthur Putey
05th Nov 2020 13:14

I am definitely going to start charging clients for the extra work involved

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Replying to Arthur Putey:
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By NYB
05th Nov 2020 13:21

I have been amazed. This weekend I sent additional invoices for the period July-October pointing out I carried the period Marcj-June. And from now on it will be an addtional charge monthly. I explained I though it quadrupled the amount of time to do payroll - especially Flexi Furlough. And the claim form is well in excess of 20 pages long - more if you are adding loads of employees etc. And the complicated process it is. I felt a bit guilty after Saturday night. I'm amazed. The money is being paid immediately. The clients seem grateful. And I received a bouquet of flowers from one.
It really gave me a "lift"

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Replying to NYB:
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By Jimess
05th Nov 2020 13:30

Yes - even my most taciturn of clients have expressed their gratitude for helping them through the minefield of the Covid-19 measures and we have noticed that if other invoices remain outstanding for a short time the invoices for CJRS work are usually paid promptly. It is lovely to get a thankyou now and then. Knowing that the hours put in are appreciated, no matter how small the gesture, and even if it is just from one person, it makes the effort all worthwhile doesn't it?

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By mbee1
05th Nov 2020 13:17

I haven't charged any of my clients for any additional payroll work. Lots of my payrolls are charities and small businesses that have been hit hard so I'm taking my share of their hurt

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By sanjay100
05th Nov 2020 13:52

Thats very commendable

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A Putey FACA
By Arthur Putey
05th Nov 2020 18:00

Absolutely right but so is charging those who haven't been hurt that bad, and especially those who have actually gained from the scattergun approach to financial support. You know, the ones with new cars paid for with bounceback loans.

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By Cheshire
05th Nov 2020 13:22

Glad I rebelled and refused to read it over the weekend!

But if you look at the link at the moment it just shows as 'guidance withdrawn' for the JSS
https://www.gov.uk/guidance/check-if-you-can-claim-the-job-support-scheme
although infomation is still showing. Suspect it might quietly disappear. Here's hoping.

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By sanjay100
05th Nov 2020 13:55

I hope they try to monitor this more carefully and going to businesses that really need it. There are just too many fraudsters about. HMRC estimated 10% is going into wrong hands and that is a sizeable chunk of our money being wasted.

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By Michael Beaver
05th Nov 2020 14:35

How would you recommend they do that?

They can't know which employees are working and when.

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By sanjay100
05th Nov 2020 22:50

I agree its a difficult one but I don't know if HMRC have controls in place for fake or duplicate employees

We know certain industries are not close like construction I don't know any builder who is not working in fact they seem busier than ever so if they put all their employees on Furlough then I would be suspicious.

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By Paul Crowley
05th Nov 2020 14:00

Good news. Only one system to deal with
But what about the £1000 bonuses?
Critical in hospitality that these are paid on time
Delay could kill some businesses

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By Jimess
05th Nov 2020 15:52

Bonuses delayed until the end of the extended scheme I'm afraid.

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By acceje
05th Nov 2020 14:03

The directive states that claims made for November must be submitted to HMRC by no later than 14 December 2020. Claims relating to each subsequent month should be submitted by day 14 of the following month. The Chancellor really does hate accountants and payroll providers !

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Replying to acceje:
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By NYB
05th Nov 2020 14:14

Are you talking about CJRS. I think you maybe getting confused with the new JSS (postponed). Where this is the case. I heard I thought originally last Saturday that the claim period for CJRS will be the same - can be made before payday. Or is there some "directive" today. Or am I totally mis reading it

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By acceje
05th Nov 2020 14:24

extended CJRS - The Treasury Factsheet issued today I followed the link from the story on the accountingweb home page.
https://assets.publishing.service.gov.uk/government/uploads/system/uploa...

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Replying to acceje:
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By NYB
05th Nov 2020 14:45

Many apologies. I hadnt seen it - but now have. Are any of us getting any "proper" work done this week.

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Universe
By SteveOH
05th Nov 2020 14:26

I think that a CJRS claim *can* be made in advance of payroll date, other than the first week for weekly paid employees; when the updated HMRC portal won't be available until next Wednesday.

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By Jimess
05th Nov 2020 15:51

And detailed guidance is going to be issued next Tuesday!! This is the one week where I would probably have forgiven Rishi for ruining my weekend by publishing guidance on a Friday night. Clients with weekly paid employees need to know the detail now, not a day before the claim portal opens. My phone has been ringing non-stop today, all planned work has gone by the wayside - I despair!

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By TC80
05th Nov 2020 15:57

What detailed guidance are they issuing? It's just an extension of the current scheme except the percentage to claim has gone back up from 60% to 80%

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By Jimess
05th Nov 2020 16:17

There are some technicalities - see the Economic Support Factsheet published today.

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RLI
By lionofludesch
05th Nov 2020 16:29

TC80 wrote:

What detailed guidance are they issuing? It's just an extension of the current scheme except the percentage to claim has gone back up from 60% to 80%

Is it ?

Two weeks has been carved off the time limit for starters.

What other "surprises" are in there ?

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Replying to TC80:
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By NYB
05th Nov 2020 18:37

I should imagine its the detailed "how you should be calculating". With those fangled examples of hours v day v mutlipling this and dividing by that that takes up an A4 sheet as an example

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Replying to acceje:
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By PandoraSleeps
05th Nov 2020 18:46

Lovely, thanks Rishi. You obviously have no concept of being up against deadlines. Or anything else AT ALL that we are trying to deal with in the actual world.

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