Kickstart Program Opens In Wales
Under the new £2 billion Kickstart scheme, employers will be able to offer young people on Universal Credit and at risk of long-term unemployment, state-subsidised work placements for six months. The Kickstart scheme is available to qualifying 16 – 24 year olds in England, Scotland and Wales.
Commenting on the launch of the scheme in Wales, the Secretary of State for Wales, Simon Hart, said:
We have taken unprecedented action to secure Wales’s economic recovery from the pandemic. More than 500,000 Welsh jobs have been protected through the Job Retention and Self Employed schemes while over 40,000 businesses in Wales have received more than £1.4 billion in loans.
Protecting, supporting and creating jobs is at the heart of our plan for recovery. Aimed at young people, the Kickstart scheme will make sure no-one is left behind as we get the Welsh economy moving again.’
The government will fully fund each “Kickstart Program” job by paying 100% of the age-relevant National Minimum Wage plus associated employer National Insurance contributions and employer minimum auto-enrolment pension contributions for 25 hours a week.
Businesses of all sizes looking to create quality jobs for young people can apply and there is no cap on the number of places. There will be a simplified application process for employers offering fewer than 30 placements.
The government will also help by paying employers £1,500 to set up support and training for people on a Kickstart placement. The scheme will initially be open until December 2021 but may be extended.
The property income tax rates April 2027 will increase the tax paid by individuals receiving rental income directly. From 6...
Business Asset Disposal Relief used to be known as Entrepreneurs’ Relief before 6 April 2020. The relief was renamed in...
Electric vehicles (EVs) can offer significant tax advantages for UK limited companies, particularly those purchasing company cars or providing electric...
A small business spends £2,000 on Google Ads, social media campaigns and printed promotional materials. When preparing its tax return,...
The VAT threshold for UK businesses in 2026/27 is £90,000 in taxable turnover over a rolling 12-month period. Businesses must...
The benefits of a tax advisor include legitimate tax savings, improved cash flow, reduced compliance risks and better financial decisions....
Founders’ Relief is a proposed new capital gains tax relief for founders and significant early investors in high-growth UK companies....
Business rates relief 2027 raises the small business rates relief threshold to £18,000 of rateable value for retail, hospitality and...
Making Tax Digital (MTD) is a UK government plan to make tax simpler. It’s all about using digital tools to...
The events and entertainment industry is fast-paced, diverse, and financially complex. From music festivals to trade shows and celebrity agencies...