Home News Business News

Business News

Government spend tops £124bn

The government has spent £124.3bn on programmes, initiatives and spending commitments in response to the pandemic, according to initial analysis from the National Audit Office (NAO)

Read More

Covid-19: £500m Future Fund launches

The government’s £500m Future Fund is open for applications, UK-based companies can apply for a convertible loan of between £125,000 and £5m, to support continued growth and innovation in sectors such as technology, life sciences and the creative industries.

Read More

Coronavirus Statutory Sick Pay Scheme to launch in May

A new online service will launch on May 26 for small and medium sized employers to recover Statutory Sick Pay (SSP) payments they have made to their employees

Read More

Covid-19: rules on home office expenditure relaxed

The government has bowed to pressure to address the additional costs of working from home during the coronavirus crisis

Read More

HMRC extends tax appeal deadline due to pandemic

HMRC has granted taxpayers extra time to appeal its decisions or penalties where the usual 30-day deadline cannot be met due to the coronavirus pandemic.

Read More

Covid-19: furlough scheme to run till October

The Coronavirus Job Retention Scheme is to be extended by four months and employers will be able to bring back furloughed employees part-time

Read More

UK Finance warns firms over Bounce Back loan repayments

Trade body UK Finance has warned small businesses to consider their ability to repay a Bounce Back loan before taking one out.

Read More

Covid-19: £100m VAT cut on protection equipment

Personal protective equipment (PPE) purchased by care homes, businesses, charities and individuals to protect against Covid-19 is to be free from VAT for a three-month period.

Read More

Government extends deadlines for tax consultations

The government has extended deadlines for certain tax consultations as a result of the coronavirus (COVID-19) pandemic.

Read More

UK inflation rate falls to 1.5%

The UK rate of inflation fell to 1.5% in March, data published by the Office for National Statistics (ONS) has revealed.

Read More

Covid-19: Car finance help for consumers

The Financial Conduct Authority (FCA) has announced a package of measures covering motor finance and high cost credit agreements to directly support consumers facing payment difficulties due to coronavirus

Read More

Coronavirus Job Retention Scheme goes live

The government's Coronavirus Job Retention Scheme went live on 20 April after Chancellor Rishi Sunak extended it until the end of June.

Read More

Covid-19: Pensions regulator issues auto-enrolment guidance

The Pensions Regulator (TPR) has issued guidance covering automatic enrolment and employer contributions during the coronavirus (COVID-19) pandemic.

Read More

Covid-19: Job Retention Scheme Update

HMRC have announced important updates to the Coronavirus Job Retention Scheme relating to employee eligibility

Read More

Covid-19:Company Directors – claiming furlough.

The latest information from HMRC, updated on 4 April, states that company directors can claim furlough. However there are certain stipulations.

Read More

Covid-19: business interruption loan scheme amended

The government has amended the coronavirus business interruption loan scheme (CBILS) for firms affected by the pandemic, following claims banks were forcing companies to provide personal guarantees

Read More

Covid-19: HMRC delays MTD ‘digital links’ Excel deadline

HMRC has deferred by one year the deadline for businesses reporting under Making Tax Digital (MTD) for VAT to meet the requirement to have ‘digital links’ within their recordkeeping

Read More

Covid-19: insolvency rules temporarily relaxed

The government has announced changes to the insolvency regulations during the coronavirus pandemic to enable UK companies undergoing a rescue or restructure process to continue trading,

Read More

Covid-19: Self-employment Income Support Scheme

The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19

Read More

Increase in home working raises risk of cyber-attacks

The significant increase in home working caused by the coronavirus pandemic has increased the risk of firms being hit by cyber-attacks

Read More

How can we help you?

Brearley & Co Accountants are pleased to offer a free, no obligation, initial consultation with one of our experts who will be happy to discuss your business needs and how we can help you.

Contact