Business
New Business and VAT Deferral Update
New Business and VAT Deferral Update.
About this update from Staffline Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0243B\n Staffline Group PLC\n 05 October 2020\n \n \n \n \n 5 October 2020\n \n STAFFLINE GROUP PLC\n (\"Staffline\" or the \"Group\")\n \n New Business and VAT Deferral Update\n \n \n Staffline, the Recruitment and Training group, provides the following update on new business and VAT deferral.\n \n \n \n \n \n PeoplePlus update\n \n \n \n \n \n PeoplePlus, the Group's \n adult skills and training division, is pleased to announce it \n has been selected as a provider for the Department for Work and Pensions' (\"DWP\") Commercial Agreement for the Provision of Employment and Health Related Services (\"CAEHRS\") framework. \n \n \n \n \n \n CAEHRS replaces the DWP's existing Umbrella Agreement which expires in 2021. It will become the default framework for contracting employability and health related programmes. CAEHRS will run for five years (2020-2025) and the framework will cover a potential aggregate contract value of £7.5 billion.\n \n \n \n \n \n This UK-wide commercial agreement is organised into a national Lot and seven regional Lots split across two tiers. Tier 1 covers the commissioning of services with a value of over £11 million in England and £6 million in Scotland and Wales. Tier 2 covers the commissioning of services with a value of between £2 million and £11 million in England and £2 million to £6 million in Scotland and Wales. \n \n \n \n \n \n PeoplePlus has been successful in securing a place on the national Lot and has been selected as a Tier 1 provider in all six regions across England and Scotland, and as a Tier 2 provider in Wales. \n \n \n \n \n \n Recruitment GB update\n \n \n \n \n \n Staffline is also pleased to announce a three-year contract extension of an existing agreement to provide contingent labour to Tesco, a significant customer of the Group in terms of scale. This agreement continues to build on an 11-year working relationship in which Staffline has provided innovative, value added solutions to Tesco's Distribution network.\n \n \n \n \n \n VAT deferral\n \n \n \n \n \n The Group notes the Chancellor's recent statement giving businesses who have deferred VAT due from 20 March 2020 to 30 June 2020, the option to pay in smaller payments over a longer period.\n \n \n \n \n...