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 

On 2nd November mortgage payment holidays were extended to a maximum of 6 months, speak to your lender for details.  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.