Off Payroll Working

Due to COVID-19 the extension of off payroll working to the private sector has been postponed until April 21. The change would have seen end users be responsible for deciding if subcontractors working through companies should be treated as an employee, rather than the IR35 decision resting with the subcontractor.

Personal borrowing 

Announced March 17, mortgage payers in financial difficulty should be able to get a 3 month mortgage payment holiday from banks. Some banks have announced further help in respect of accessing fixed term savings without penalty and changing mortgage schemes. Speak to your bank before missing any payments. No formal help has been announced for renters as of yet.