Here at Business Works we have recently taken on a new team member through the Government’s Kickstart Scheme.
The scheme funds the creation of new 6 month placement for 16 to 24 year olds who are on Universal Credit and at risk of long-term unemployment. Any size of company is eligible to apply and you can have a number of young people on the scheme working within your business. It runs until 31 December 2021 with funding therefore available until 30 June 2022.
The funding covers:
- 100% of the National Minimum Wage (or National Living Wage depending on the age of the participant) for 25 hours per week for 6 months. You can pay a higher wage and/or employ for more hours but this cost will be payable by the employer.
- Associated employer National Insurance Contributions
- Minimum automatic enrolment pension contributions
- A grant of £1,500 to cover setup costs and support the young person in developing their employability skills
Applying for the Kickstart grant is either on-line yourself or through a Kickstart gateway, an organisation e.g. local authority, charity or trade body working with the Kickstart scheme.
For additional information or to apply yourself then go to Kickstart scheme and/or www.gov.uk
If you can assist with this or your accounting needs, then please get in touch on 0113 286 448
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Company Year End
The legal and compliance burden put on businesses through the need to submit tax returns and other such documents to strict deadlines is often one of the most stressful elements of running a business.
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Employing people can cause stress for a business owner for many reasons and one of these is payroll. Our teams expect that they will be paid on time and with the correct level of deductions made. We can provide a full payroll service for your business including auto-enrolment, keeping you compliant with your many legal responsibilities.
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