
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.
We’re seeing more companies come to us after having their R&D tax relief claims questioned, returned, or rejected by HMRC....
Sole traders and landlords are increasingly asking what happens if they do not respond to Making Tax Digital sign-up letters....
A host can receive regular Airbnb bookings and still be unsure whether HMRC sees the income as a small side...
A couple in their late sixties own a home worth £750,000 and have £700,000 in savings and investments. Their combined...
A pharmacy can look profitable on paper while still facing tight cash flow. NHS income, retail sales, dispensing margins, staff...
Capital Gains Tax is becoming increasingly important for UK crypto investors as HMRC gains access to more detailed information about...
A sole trader may have completed the first MTD quarterly update without realising that the next deadline is already approaching....
A client came to Apex Accountants last week, a sole trader with two income streams, unsure whether she had met...
We are increasingly asked the same question by clients who have heard about Making Tax Digital but are not sure...
Miss a tax deadline today and HMRC charges 7.75% a year on the outstanding balance. The Bank of England’s base...