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Business News
Pandemic drives dramatic increase in SME borrowing
11th Jan 2021 | Posted by:Gross lending to small and medium-sized enterprises (SMEs) in the first three quarters of 2020 reached £54 billion driven by coronavirus (COVID-19) loan schemes
Read More£4.6 billion in new lockdown grants to support businesses and protect jobs
5th Jan 2021 | Posted by:Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the Chancellor has announced.
Read MoreLenders still supporting thousands with payment deferrals
31st Dec 2020 | Posted by:The UK's banks and financial lenders continue to support tens of thousands of borrowers with payment deferrals
Read MoreBusinesses have ‘insufficient information’ on Brexit changes
9th Dec 2020 | Posted by:The British Chambers of Commerce (BCC) has suggested that businesses lack detailed official information on the rules that are set to take effect once the Brexit transitional period ends on 31 December.
Read MoreTougher criteria for third SEISS grant
25th Nov 2020 | Posted by:Applications will open on 30 November for the third grant available of the self employment income support scheme (SEISS)
Read MoreHMRC begins ‘Eat Out to Help Out’ compliance checks
25th Nov 2020 | Posted by: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
Read MoreAnnual Investment Allowance £1m cap extended to 2022
18th Nov 2020 | Posted by:The Treasury has confirmed that the annual investment allowance (AIA), designed to stimulate investment in UK manufacturing, is to be extended further for an additional year
Read MoreHMRC announces covid fraud arrests
6th Nov 2020 | Posted by:Arrests have been made over alleged fraud related to coronavirus support schemes, as HMRC ramps up enforcement action
Read MoreMore Covid support for self employed
3rd Nov 2020 | Posted by:As tighter lockdown restrictions come into force, the government has said it will increase its financial support to the self employed
Read MoreHMRC: Don’t forget the Self Assessment deadline
30th Oct 2020 | Posted by:HMRC is reminding self assessment taxpayers to complete their tax return ahead of the deadline on 31 January 2021.
Read MoreHow can you reward your staff this Christmas?
28th Oct 2020 | Posted by:Employers may wish to look at alternatives for thanking their staff, especially in this of all years, for their hard work. So, what can be done instead?
Read MoreChancellor announces extra Tier 2 Support
22nd Oct 2020 | Posted by:In the face of mounting concerns about the disparity in help available, Chancellor Rishi Sunak has announced changes to the government’s coronavirus job support scheme
Read MoreHMRC urges businesses to ensure they are ready for new customs and tax rules
21st Oct 2020 | Posted by:HMRC has urged businesses to make sure they are prepared for new customs and tax rules so that they can continue to trade with the EU from 1 January 2021.
Read MoreCovid fraud hotline opens
16th Oct 2020 | Posted by:A new hotline has been launched to report Covid fraudsters who make illegal claims for support
Read MoreTax rises ‘inevitable’, says IFS
14th Oct 2020 | Posted by:The Institute for Fiscal Studies (IFS) has suggested that the UK will require tax rises of £40 billion or more per year during the middle years of this decade to stop debt spiralling upwards
Read MoreWorking patterns permanently changed by Coronavirus
8th Oct 2020 | Posted by:Most office workers will not return to their workplaces five days a week even after the coronavirus (COVID-19) pandemic is over
Read MoreCovid-19: guidance on furlough job retention bonus
7th Oct 2020 | Posted by:HMRC has published guidance on how businesses can claim the government’s £1,000 job retention bonus
Read MoreRetirement plans altered by pandemic
5th Oct 2020 | Posted by:The COVID-19 pandemic has changed the retirement plans of one in eight older workers
Read MoreBusiness groups call for more support following new restrictions
23rd Sep 2020 | Posted by:The government should waste no time in setting out a comprehensive support package for firms forced to close or reduce capacity through no fault of their own
Read More£500 self isolation payments for lower income employees
21st Sep 2020 | Posted by:The government has announced a legal requirement on people to self-isolate when instructed by NHS Test and Trace, with fines for those who fail to do so and for any businesses which threaten self-isolating staff with redundancy
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