The third SEISS (Self-Employment Income Support Scheme) grant opens for applications today (30 November).
Many businesses will struggle to survive despite the end of lockdown, according to the Confederation of British Industry (CBI).
On 25 November Chancellor Rishi Sunak delivered his latest Spending Review to the House of Commons, and stated that the coronavirus (COVID-19) pandemic has caused 'lasting damage' to the UK economy.
Applicants for the third Self-employment Income Support Scheme (SEISS) grant will face a new test as the government tightens eligibility criteria, warns the Institute of Chartered Accountants in England and Wales (ICAEW).
The Association of Taxation Technicians (ATT) is calling for guidance from HMRC on the status of virtual office seasonal parties this year.
HMRC has started writing to 4,000 businesses in the hospitality sector requesting them to verify their claims made under the government's Eat Out to Help Out scheme.
HMRC has warned self assessment taxpayers to be alert to the danger of scammers posing as the tax authority in the lead up to the tax return deadline.
The Treasury has confirmed that the £1 million cap on the Annual Investment Allowance (AIA) is to be extended for an additional year as it continues to look at ways to stimulate the economy.
Contactless payments via debit cards reached a record level in August, accounting for 62% of all debit card transactions during the month, according to data released by UK Finance.
In a new consultation HMRC has confirmed that Making Tax Digital (MTD) for corporation tax (CT) (MTD for CT) will not be implemented until 2026 'at the earliest'.
Research carried out by think tank the Centre for Enterprise, Markets and Ethics (CEME) has suggested that the UK's wealth gap is widening as a result of the ongoing COVID-19 pandemic.
The Institute of Chartered Accountants in England and Wales (ICAEW) has stated that there is 'no need' to overhaul the current capital gains tax (CGT) regime.
The UK's economy bounced back from recession with record growth of 15.5% from July to September, according to the latest data from the Office for National Statistics (ONS).
The self-employed sector is facing a 'long-term but avoidable decline', the Association of Independent Professionals and the Self-Employed (IPSE) has cautioned.
The Real Living Wage has increased to £9.50 per hour across the UK.
The Public Accounts Committee (PAC) identified more than £1 billion worth of fraud in the government's coronavirus (COVID-19) Bounce Back Loan Scheme (BBLS) during the first six months of the scheme being in operation.
Chancellor Rishi Sunak has extended the Coronavirus Job Retention Scheme (CJRS) until the end of March 2021.
The Financial Conduct Authority (FCA) is proposing further support for borrowers affected by the coronavirus (COVID-19).
The government has delayed the introduction of new online pensions dashboards that will enable individuals saving for retirement to view their pension pots in one place.
The government has increased the support available to self-employed workers and extended its emergency business loan schemes as a result of the second national lockdown in England.
The Coronavirus Job Retention Scheme (CJRS) has been extended until December, with furloughed employees set to receive 80% of their salary for hours not worked and businesses asked only to cover national insurance and employer pension contributions.
Rishi Sunak has made further announcements over the past few days, with an extension to the Job Retention (Furlough… https://t.co/n8V5VtXTpF
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With England now facing a second lockdown from Thursday we have outlined the support and guidance provided by the… https://t.co/PL5LPzQTvN
28 days ago
The Chancellor has recently announced changes to the governments job support scheme that will be introduced in Nove… https://t.co/aPWA11OXjU
35 days ago
With so many changes in recent weeks it's important to make sure you are fully up to date with the latest help and… https://t.co/0Goa7IqMKM
49 days ago
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.
29th September 2020
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