Accounting Advice for Small Businesses, Landlords and Contractors
Welcome to the Cubic blog - where we share tips, how-tos, and updates to help you run your business, stay tax-compliant, and make smarter financial decisions.
Coronavirus Job Retention Scheme Compliance Letters
The first wave of compliance letters regarding the Coronavirus Job Retention Scheme (CJRS) were issued last week as HMRC moves into the post transaction review phase of the scheme. The first batch of letters started to land on doormats from Wednesday 18 August. HMRC will be asking questions where they have concerns over the validity…
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Furloughed Workers and Redundancy Payments
Employees with more than two years’ continuous service who are made redundant are usually entitled to a statutory redundancy payment that is based on length of service, age and pay, up to a statutory maximum. The government said throughout the pandemic, it has urged businesses to do right by their employees and pay those being…
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