I am delighted to have been asked to be a Brand Ambassador for Chartered Accountants Ireland again this year & take part in their campaign to promote their Flexible Route training programme. This route to becoming a Chartered Accountant provides flexibility to graduates, non-graduates, Accounting Technicians & experienced professionals. It allows students to stay in their current job, study on their own terms and generate the relevant work experience now or further down the line. This route covers the same subjects, the same exams but critically, the education and experience elements do not have to run concurrently. Students don't have to be working in a relevant role when they begin their studies. This route is also a great stepping stone to help students find the career they've always wanted.

Check out our acting skills in the promotional video & testimonials at the following link for more information:

https://www.charteredaccountants.ie/Prospective-Students/About-Chartered-Accountancy/Testimonials

The UK Chancellor, Rishi Sunak, announced on 29th May 2020 details about the extension to the Coronavirus Job Retention Scheme (CJRS) with several adjustments made to the system. The chancellor has announced that the scheme will close to new entrants from 30 June, from this point onwards, you will only be able to furlough employees that you have furloughed for a full three-week period prior to 30 June. This means that the final date that you can furlough an employee for the first time will be 10 June for the current three-week furlough period to be completed by 30 June. Employers will have until 31 July to make any claims in respect of the period to 30 June.

Key details for the period 1 July 2020 to 31 August 2020:

• Previously furloughed employees can come back to work part-time – with the government continuing to pay 80% of wages for any of their normal hours they do not work.
• You can decide the hours and shift patterns that your employees will work on their return and you will be responsible for paying their wages in full while working. This means that employees can work as much or as little as your business needs, with no minimum time that you can furlough staff for.
• Any working hours arrangement that you agree with your employee must cover at least one week and be confirmed to the employee in writing. When claiming the CJRS grant for furloughed hours, you will need to report and claim for a minimum period of a week. You can choose to make claims for longer periods such as on monthly or two weekly cycles if you prefer. You will be required to submit data on the usual hours an employee would be expected to work in a claim period and actual hours worked.
• If your employees are unable to return to work, or you do not have work for them to do, they can remain on furlough and you can continue to claim the grant for their full hours under the existing rules.

Extension to the Coronavirus Job Retention Scheme (CJRS) key details from 1 August 2020:

• From 1 August 2020 the government will continue to pay 80% of wages up to a cap of £2,500 but employers will pay ER NICs and pension contributions – for the average claim, this represents 5% of the gross employment costs that they would have incurred if the employee had not been furloughed
• From 1 September the government will pay 70% of wages up to a cap of £2,187.50 for the hours the employee does not work – employers will pay ER NICs, pension contributions and 10% of wages to make up 80% of the total up to a cap of £2,500
• From 1 October the government will pay 60% of wages up to a cap of £1,875 for the hours the employee does not work – employers will pay ER NICs, pension contributions and 20% of wages to make up 80% of the total up to a cap of £2,500

Further support for employers and agents on how to calculate claims with this extra flexibility will be available by 12 June, including webinars and detailed online guidance. If you have any queries on any of the above points please do not hesitate to contact us if we can be of any assistance to you & your business.