Latest News

Business rates review – supporting high street agencies

03 December 2020

Propertymark has responded to the UK Government’s fundamental review of business rates to include the continuation of rates relief for retail premises and the introduction of an online sales tax. Read More...

Updated guidance published on possession process in light of tier system

02 December 2020

Yesterday, 1 December, the UK Government approved a new tougher tier system of Coronavirus restrictions for England which will begin today, 2 December, and has also updated the guidance on the possession process in order to reflect these changes in addition to the new advice on bailiffs. Read More...

Employers must contribute to extended furlough scheme from August

Wednesday 27 May 2020

Chancellor Rishi Sunak has laid out how he expects to move businesses off the Coronavirus job Retention Scheme, meaning that some agencies must begin to start part-paying salaries for furloughed staff.

The Job Retention Scheme currently supports 7.5 million workers on furlough, guaranteeing 80 per cent of staff pay up to £2,500 per month, alongside national insurance and pension payments. The Chancellor announced an extension of the scheme until October on 12 May. No changes are expected until the end of July.

Changes begin in August

From August, employers will be required to pay a quarter of all staff wages – even if the business is still in lockdown. They will also be required to pay National Insurance contributions, but it is thought that the Government will still pay pension contributions.

Employees may start working part-time

Employers will be able to bring furloughed staff back part-time from August and will be obliged to declare the number of hours the currently furloughed staff work if they return. Firms caught abusing the system by not paying their share of staff wages face fraud charges.

Information for both employers and employees can be found on the gov.uk website. 

PROPERTYMARK RESOURCES

Propertymark’s Post Pandemic Plan articles support agents with their preparations to emerge from the Coronavirus lockdown and prepare them to maximise market potential, add value, and underpin their business.

For non-members, the articles can be found on the news section of the ARLA Propertymark website or, for members, they can be found by logging into the members' area below which lists all of the guidance available.

Members' area