A new emergency jobs scheme will be introduced to protect jobs during the coronavirus (COVID-19) downturn this winter, Chancellor Rishi Sunak has announced.
The UK's recovery from the Covid-19 lockdown was losing momentum even before the announcement of new restrictions to control the spread of the virus, according to the latest data.
Following Prime Minister Boris Johnson's speech in which he outlined new coronavirus (COVID-19) restrictions for businesses in England, business groups have called for further government support.
The National Audit Office (NAO) has called on the Treasury to safeguard access to cash after the coronavirus (COVID-19) pandemic accelerated the transition to cashless payments.
HMRC data has revealed that UK businesses have voluntarily returned more than £215 million in overclaimed Coronavirus Job Retention Scheme (CJRS) payments.
MPs have urged Chancellor Rishi Sunak to extend the Coronavirus Job Retention Scheme (CJRS) to help avoid mass redundancies.
The Financial Conduct Authority (FCA) has confirmed future support for mortgage borrowers if they continue to face payment difficulties due to the coronavirus (COVID-19).
HMRC has written to VAT-registered businesses that trade with the EU outlining how they should prepare for Brexit trading changes set to take effect from 2021.
The Treasury has confirmed that the minimum age for private pension withdrawals will increase from 55 to 57 in 2028.
The Confederation of British Industry (CBI) has warned that the UK economy still faces a 'rocky road back to normality' despite GDP growth in July.
The government's announcement of new cash grants for businesses affected by local lockdowns has been welcomed by business groups, including the Confederation of British Industry (CBI) and the Federation of Small Businesses (FSB).
The Institute of Directors (IoD) has called for the government to extend emergency coronavirus (COVID-19) insolvency measures to prevent company collapses and job losses.
HMRC has revealed that almost £3.5 billion in Coronavirus Job Retention Scheme (CJRS) payments have been claimed fraudulently or paid out in error.
The Federation of Small Businesses (FSB) has urged the government to provide small businesses with Brexit transition vouchers as the latest round of withdrawal talks commences.
The Treasury has published a consultation on reforms to the VAT refund rules.
Chancellor Rishi Sunak's plan to raise the national insurance contributions (NICs) paid by self-employed workers would be unjust, the Association of Independent Professionals and the Self-Employed (IPSE) has claimed.
Research carried out by the Resolution Foundation has revealed that 800,000 workers are being 'under-enrolled' in company pension schemes and are not receiving their legal employer pension contributions.
The government's £2 billion Kickstart Scheme is now open for employer applications.
The fee for plastic shopping bags in England will be doubled to 10p and extended to all shops from April 2021.
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned that genuine research and development (R&D) businesses could be impacted by government proposals to combat tax relief abuse.
Over £30 million has been lost to pension scams since 2017, according to the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR).
Small firms have urged the government to extend its Eat Out to Help Out scheme in order to continue helping thousands of small food and drink businesses across the UK.
Small businesses in England are set to benefit from an additional £20 million in funding to help them recover from the coronavirus (COVID-19) pandemic.
HMRC has blocked thousands of applications for the government's Coronavirus Job Retention Scheme (CJRS) due to fears they are fraudulent.
The Treasury has published plans for a carbon emissions tax, which could be introduced if the UK fails to secure a Brexit deal with the EU.
The latest Coronavirus Business Tracker from the British Chambers of Commerce (BCC) has suggested that UK businesses are vulnerable as government support schemes begin to wind down.
A survey carried out by Purbeck Insurance Services has revealed that 29% of small and medium-sized enterprises (SMEs) carried on business as usual during the COVID-19 pandemic.
The Association of Independent Professionals and the Self-Employed (IPSE) has warned that a 'disproportionate and disturbing' decrease in the number of self-employed individuals will lead to a 'brittle workforce'.
On 17 August the Self-Employment Income Support Scheme (SEISS) opened for applications for the second and final grant.
Freelancers experienced a drop in income during the coronavirus (COVID-19) lockdown, according to research published by the Association of Independent Professionals and the Self-Employed (IPSE).
The Federation of Small Businesses (FSB) has urged local councils in England to ensure the speedy issuance of small business grants to firms that require them.
Lockdown measures introduced as a result of the COVID-19 pandemic have pushed the UK economy into recession.
The coronavirus (COVID-19) schemes announced in Chancellor Rishi Sunak's Summer Economic Update are failing to provide the support businesses need, according to the Coronavirus Business Tracker published by the British Chambers of Commerce (BCC).
Lenders have approved an average of 87,000 Bounce Back loans every week since the scheme was launched on 4 May, according to the latest figures from the Treasury.
The government has further extended Tax-Free Childcare (TFC) to 31 October 2020 for parents who may have fallen below the minimum income requirement as a result of the coronavirus (COVID-19) pandemic.
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned taxpayers that they have 90 days to notify HMRC of overclaimed coronavirus (COVID-19) grants.
The Institute of Chartered Accountants in England and Wales (ICAEW) has urged businesses to ensure that they understand the interaction between VAT and the government's Eat Out to Help Out scheme.
The Bank of England (BoE) left interest rates unchanged at 0.1% as it predicted a record slump for the UK economy due to the coronavirus (COVID-19) pandemic.
HMRC recently published guidance on the eligibility requirements for the Job Retention Bonus.
SME manufacturing output volumes fell at the fastest rate on record, according to the latest quarterly Confederation of British Industry (CBI) SME Trends Survey.
The Federation of Small Businesses (FSB) has called for the government to provide further help to employers as the Coronavirus Job Retention Scheme (CJRS) begins to be wound down.
Data published recently by HMRC has revealed that there has been a significant drop in inheritance tax (IHT) receipts.
Changes to state aid rules mean that more small businesses can benefit from the government's Coronavirus Business Interruption Loan Scheme (CBILS).
HMRC has published details on its refund scheme for taxpayers who made voluntary payments of income tax or national insurance prior to a change in the rules regarding the loan charge.
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Small firms now have access to 100% taxpayer-backed Bounce Back Loans after they raised concerns about slow access to existing coronavirus rescue schemes. The scheme has launched today Monday the 4th May 2020.
27th April 2020
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