Under the Coronavirus Statutory Sick Pay Rebate Scheme small-and medium-sized businesses and employers will be able to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19. It has now been confirmed that the online service to reclaim SSP will launch on 26 May 2020.
In order to claim, you will need the Government Gateway user ID you acquired when you registered for PAYE Online. If you use an agent who is authorised to undertake PAYE online for you, they will be able to claim on your behalf. An alternative way of claiming for those unable to do so online will also be made available in due course.
The insolvency measures to help prevent businesses unable to meet debts due to the impact of Coronavirus to continue trading and not be forced to file for bankruptcy have been extended. It was confirmed that the temporary suspension of wrongful trading liability during the pandemic will now continue until 30 June. The measure was initially set to expire on 1 June 2020.
This means that company directors can keep their businesses going without the threat of personal liability. This measure allows directors of companies to pay staff and suppliers even if there are fears the company could become insolvent due to the Coronavirus outbreak.
Employees who need to buy substantial equipment to use as part of their employment may be able to claim tax relief based on the initial cost. In most cases you can claim tax relief on the full cost of this type of equipment as it usually qualifies for a type of capital allowance called annual investment allowance. Any tax relief would be reduced if the employer provides a contribution towards buying the item.
The way to claim tax relief depends on the amount that is being claimed. HMRC provides the following information on making a claim: