Latest News

Workers can continue to claim home working tax allowance in the new tax year

Workers can continue to claim home working tax allowance in the new tax year

Posted in Business News, Latest News on May 5, 2021

One unexpected bonus for staff forced to work from home because of the pandemic has been a £6 per week tax break. People will have seen their household …

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COVID forces businesses to change direction

COVID forces businesses to change direction

Posted in Business News, Latest News on May 5, 2021

The devastating effects of the pandemic have meant small businesses in the UK have changed the direction of their organisations to survive the impact of …

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HMRC unveils penalty regime for VAT deferral scheme

HMRC unveils penalty regime for VAT deferral scheme

Posted in Business News, Latest News on May 5, 2021

Companies that signed up to the VAT deferral scheme have been warned they face a five per cent penalty if they do not make payment arrangements by 30 June …

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Inheritance tax reporting to be simplified

Inheritance tax reporting to be simplified

Posted in Business News, Latest News on April 6, 2021

Rules coming into effect from 1 January 2022 will mean that nine in 10 estates that are not subject to Inheritance Tax (IHT) will no longer need to complete …

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Coronavirus insolvency measures extended until the end of June

Coronavirus insolvency measures extended until the end of June

Posted in Business News, Latest News on April 6, 2021

To help businesses with the ongoing impact of the pandemic the Government has decided to extend measures in the Corporate Insolvency and Governance Act …

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Majority of SME owners have loaned personal money to their business during the pandemic

Majority of SME owners have loaned personal money to their business during the pandemic

Posted in Business News, Latest News on April 6, 2021

A new study has found that nearly six in 10 (59 per cent) small business owners loaned personal money to their business during the pandemic to help it …

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Thousands of cases of COVID-related fraud and cyber-crime are being investigated

Thousands of cases of COVID-related fraud and cyber-crime are being investigated

Posted in Business News, Latest News on April 6, 2021

A special police task force, tackling fraud in England, Wales and Northern Ireland, says it is investigating 6,000 cases of cybercrime, worth a staggering …

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Applications for SME Brexit Support Fund underway

Applications for SME Brexit Support Fund underway

Posted in Business News, Latest News on April 6, 2021

A new scheme that supports small and medium-sized businesses with a grant of up to £2,000 has opened. The scheme provides grants to help tackle the new …

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Parents missing out on tax-free childcare bonus of up to £500

Parents missing out on tax-free childcare bonus of up to £500

Posted in Business News, Latest News on April 6, 2021

Parents are being encouraged to check whether they are missing out on a tax-free childcare bonus of £500. Families using tax-free childcare accounts to …

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Budget 2021

Budget 2021

Posted in Latest News on March 3, 2021

In the year since the Chancellor, Rishi Sunak, delivered his first Budget to a packed Commons chamber in March 2020, more than 135,000 people in the UK …

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