Author: Sophie Lewis
APSCo: ‘Initiatives like the Job Retention Scheme have helped to protect employees throughout Covid-19. crisis. However, many employees face unemployment due to the impact of the lockdown and the longer lasting effects of Covid-19 on many sectors of the economy’.
Due to the ongoing Coronavirus crisis, the CIPD is taking its Festival of Work online, giving HR and L&D professionals, business leaders and managers, access to a mix of expert masterclasses, panel discussions and skills sessions.
CIPD: ‘While hiring and pay prospects have taken a significant turn for the worse, employers have so far held off from making large-scale job cuts’.
The CIPD is warning that without these changes, the current JRS could prove to be a waiting room for unemployment and fail to protect significant numbers of the jobs it set out to save.
The aim of the UK’s DST is to ensure that digital businesses pay tax reflecting the value they derive from the participation of UK users. This has not been possible under the existing scheme of corporation tax.
IPSE: ‘The Self-Employment Income Support Scheme is very generous – it’s unprecedented – but it’s got sharp edges. If you fall inside it, it’s good, but if you don’t, you get nothing.’
Informi: ‘As well as having the advantage of doing so during a typically quieter period at HMRC, they’re also more likely to have all the necessary information on hand and will allow themselves more time to deal with any problems – and avoiding potentially crippling fines’.
Main challenge for employers is supporting staff mental health and well-being during Covid-19 crisis
The CIPD is encouraging employers to have constant communication with their workforce and take early action to offer support.