Roles that may be considered as providing essential services include:
• Those essential in the overall management of the company • Those essential in the running of online services and processing • Those required for the running of branches, and providing essential customer services, such as dealing with consumer queries (including via call centres), client money and assets, and those maintaining access to cash and other payment services • Those essential to the functioning of payments processing, and of cash distribution services • Those required in facilitating corporate and retail lending, and administering the repayment of debt • Those essential in both the processing of claims, and renewal of insurance • Individuals who are essential in the operation of trading venues, and other critical elements of market infrastructure • Risk management, compliance, audit and other functions that are required to ensure that the firm meets both the needs of its customers, and its regulatory obligations • Any person who provides essential support which allows the functioning of the previously listed roles, such as finance and IT staff Firms should explore the possibility of providing a letter to employees, including new joiners, who are classified as key workers, in case they need to provide evidence of this at any point. The FCA instructs that the letter should include the sentence, “The individual has been designated as a key worker in relation to their employment by [firm name]”. The letter should also be signed by an individual who has the appropriate authority.
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Reminder of the changes to the Self-Employment Income Support Scheme eligibility criteria for new parents 2 October 2020 The Government recently announced an extension to the SEISS grant scheme and further details will be provided in due course, however, the second SEISS grant is still available for those who are eligible and if they wish to claim they must do so by 19 October 2020. Information about making a claim for the second SEISS grant can be found here.
In the summer of 2020, amendments were made to the SEISS eligibility criteria which meant that self-employed individuals who are parents and took time out of their trade to care for a new child may now be eligible to claim SEISS.
Parents who believe they may now be entitled to claim for SEISS grants are reminded that they have until 5 October to ask HMRC to verify their information and confirm whether they are eligible to claim. Parents can find out more about the eligibility criteria for making a SEISS claim here and there is also an online form they can use to ask HMRC to verify their entitlement to the grant. The online form for parents will only be available until 5 October 2020 and it cannot be used after that date. Please be aware that HMRC must complete verification checks for new parents before they can make a claim, and if they miss the 5 October deadline there is a risk that HMRC may not be able to complete in time for an application to be made before 19 October.
If a new parent thinks they may be eligible to claim a grant, but they miss the 5 October deadline they should contact HMRC to discuss what they need to do next. Applications for the second SEISS grant must be made by 19 October.
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Bolton businesses now eligible for lockdown grants 5 October 2020
Businesses affected by local lockdown restrictions in Bolton are now eligible for grants of up to £1,500 each.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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