The Coronavirus pandemic has brought into sharp focus the financial vulnerability of those who have little or no savings. There has never been a more important time to improve the financial wellbeing of your employees than now, and Welsh Government is asking employers to help by partnering with a credit union to offer work based payroll savings and access to affordable credit. Payroll savings schemes are simple to set up, are free of charge, and...
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All workers are legally entitled to be paid the National Minimum Wage (NMW). This includes temporary seasonal staff, who often work short-term contracts in bars, hotels, shops and warehouses over the summer. The National Minimum Wage hourly rates from 1 April 2021 are: £8.91 - age 23 or over (National Living Wage) £8.36 - age 21 to 22 £6.56 - age 18 to 20 £4.62 - age under 18 £4.30 - apprentice Employers who do...
The Self-Isolation Support Scheme was opened in November 2020 to breakdown some of the financial barriers faced by people who are told to isolate by the NHS Wales Test Trace Protect (TTP) service because they have symptoms of coronavirus or are a close contact. It helps support those who cannot work from home as well as parents and carers on low incomes with children who are self-isolating. The Welsh Government scheme which supports people on...
Businesses in Wales that continue to be affected by Covid restrictions will receive up to £25,000 of additional support from the Welsh Government. The emergency package of support will cover the operating costs for July and August 2021 of businesses required to remain closed and who remain severely impacted as a result of the continuation of the restrictions. Eligible businesses in the hospitality, leisure and tourism sectors and their supply chains who continue to be...
UK registered businesses can apply for a share of up to £1.5 million for up to three automated vehicle projects. This funding is from the Department for Transport (DfT) and the Centre for Connected and Autonomous Vehicles (CCAV). The Department for Transport (DfT) and CCAV will work with Innovate UK, part of UK Research and Innovation, to invest a total of up to £1.5million for up to three automated vehicle projects. The aim of this...
Temporary duty suspensions and tariff quotas for importing goods into the UK. Duty suspensions are designed to help UK and Crown Dependency businesses remain competitive in the global marketplace. They do this by suspending import duties on certain goods, normally those used in domestic production. These suspensions do not apply to other duties that may be chargeable like VAT or the anti-dumping duty. Duty suspensions allow unlimited quantities to be imported into the UK at...
The Federation of Small Businesses (FSB) is working with Innovate UK’s Young Innovators Awards to better understand how they can support the next generation of business leaders. Innovate UK drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas. The aim of The Young Innovator Awards is to help young people – regardless of region or background – access the right support to set up businesses and pursue...
When employing a young person under the age of 18, employers have the same responsibilities for their health, safety and welfare as they do for other employees. Young people are more likely to be new to the workplace and could be facing unfamiliar risks. Workers are as likely to have an accident in the first six months at a workplace as they are during the whole of the rest of their working life. The Health...
Arts Council of Wales has launched a new funding round to encourage the creation of new networks, and to strengthen existing networking opportunities across the arts and cultural sectors. All types of networks - local/regional groups; artist-led groups or networks connected by art form or activity types - can apply for grants of up to £2,000 from the Sharing Together Fund for projects which promote and strengthen diversity and inclusion throughout the arts sector, and...
HMRC letters to VAT-registered businesses in Great Britain trading with the EU, highlighting the new rules and actions to take for importing goods from or exporting goods to the EU. These letters have been sent to VAT-registered businesses in Great Britain trading with the EU, or the EU and the rest of the world. They explain what businesses need to do to comply with the new rules and processes for moving goods between Great Britain...