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CAB News 10th June 2020 For updated information surrounding the Coronavirus please check the government website: https://www.gov.uk/coronavirus Coronavirus: Ban on landlords evicting renters extended The government has announced a two-month extension to the government’s ban on evicting renters, both social and privately-rented accommodation, to 23 August. Coronavirus: Beware of test and trace scams […]
For updated information surrounding the Coronavirus please check the government website: https://www.gov.uk/coronavirus Coronavirus: Self-employed people affected by coronavirus will receive a second payment The Chancellor has announced self-employed people whose work has been affected by the Coronavirus will be able to apply for a second taxable grant in August. The grant will cover 70% of […]
For updated information surrounding the Coronavirus please check the government website: https://www.gov.uk/coronavirus Coronavirus: Extension of mortgage payment holiday Mortgage customers who are struggling financially due to coronavirus will be able to extend their mortgage payment holiday for a further three months, or reduce their payments. However, they should bear in mind that the deferred payments […]
For updated information surrounding the Coronavirus please check the government website: https://www.gov.uk/coronavirus Coronavirus: FCA introduces measures to support insurance customers The Financial Conduct Authority brought in new measures from Monday 18th May to help insurance customers with financial difficulties during the coronavirus pandemic. The measures cover all types of general and protection insurance including […]
For updated information surrounding the Coronavirus please check the government website: https://www.gov.uk/coronavirus Coronavirus: Domestic abuse victims still allowed to leave to seek help Following advice to stay at home, the government has issued clarification that domestic abuse victims are allowed to leave home to seek help at refuges. BrightHouse in administration BrightHouse, the biggest rent-to-own […]
For updated information surrounding the Coronavirus please check the government website: https://www.gov.uk/coronavirus Coronavirus: Government furlough scheme extended The UK government has announced their scheme to pay the wages of people on furlough due to the coronavirus pandemic will be extended to October. Furloughed employees will continue to receive 80% of their monthly wages up to […]
For updated information surrounding the Coronavirus please check the government website: https://www.gov.uk/coronavirus Coronavirus: The Competition and Markets Authority threatens legal action on holiday refunds The Competition and Markets Authority has said that businesses that do not follow consumer law when processing refunds for holidays and weddings cancelled because of the coronavirus outbreak could face […]
For updated information surrounding the Coronavirus please check the government website: https://www.gov.uk/coronavirus Coronavirus: FCA announces payment freezes on motor finance, buy-now pay-later, rent-to-own and pawnbroking New measures announced by the Financial Conduct Authority came into force on 27 April to help those struggling to meet payments for motor finance, buy-now pay-later payments, rent-to own […]
For updated information surrounding the Coronavirus please check the government website: https://www.gov.uk/coronavirus Remain vigilant to scammers Fraudsters are taking advantage of the current pandemic. Almost £2 million has been lost to Coronavirus-related fraud across England, Wales and Northern Ireland. For example, online shopping fraud when someone is conned into paying for protective face masks or […]
Budget 2020 Overview Currently employees and the self-employed pay National Insurance contributions once they earn £166 per week. From April, the contributions threshold rises to £183 per week. UK employees already get statutory sick pay if they self-isolate due to coronavirus, even if they do not show symptoms, from day 1. Those who are not […]