Latest News

A quarter of businesses don’t think they will be ready for post-Brexit Britain

A quarter of businesses don’t think they will be ready for post-Brexit Britain

Posted in Brexit, Business News, Latest News on November 4, 2020

A survey of almost a thousand company directors by the Institute of Directors (IoD) has found that nearly a quarter of businesses are not prepared for …

Read more…

HMRC called on to simplify the administration of tax reliefs

HMRC called on to simplify the administration of tax reliefs

Posted in Business News, Latest News on November 4, 2020

The Office of Tax Simplification (OTS) is calling on HM Revenue & Customs (HMRC) to simplify the process of applying for tax reliefs so that fewer …

Read more…

More than 50,000 people claim working from home tax relief through HM Revenue & Customs online portal

More than 50,000 people claim working from home tax relief through HM Revenue & Customs online portal

Posted in Business News, Latest News on November 4, 2020

HM Revenue & Customs (HMRC) has received more than 50,000 claims for tax relief for working from home since opening a new online portal on 1 October. …

Read more…

IFS predicts tax rises of more than £40 billion a year by the middle of the decade

IFS predicts tax rises of more than £40 billion a year by the middle of the decade

Posted in Business News, Latest News on November 4, 2020

The Institute for Fiscal Studies (IFS) has predicted that taxes will need to rise by more than £40 billion a year by the middle of the decade to prevent …

Read more…

Businesses may be entitled to insurance pay-out after important judgment

Businesses may be entitled to insurance pay-out after important judgment

Posted in Latest News on October 1, 2020

A new judgment at the High Court has clarified that policyholders denied business interruption (BI) insurance claims due to COVID-19 may be due compensation. …

Read more…

Latest SEISS grants introduce new qualifying conditions

Latest SEISS grants introduce new qualifying conditions

Posted in Latest News on October 1, 2020

As part of the Government’s plan to extend the Self-Employment Income Support Scheme (SEISS) for a further six months, HM Revenue & Customs (HMRC) …

Read more…

New Coronavirus regulations place self-isolation obligations on employers

New Coronavirus regulations place self-isolation obligations on employers

Posted in Latest News on October 1, 2020

The Health Protection (Coronavirus, Restrictions) (Self-Isolation) Regulations 2020 came into effect on 28 September 2020 and place new obligations on …

Read more…

Companies House reforms to combat fraud and assist businesses

Companies House reforms to combat fraud and assist businesses

Posted in Latest News on October 1, 2020

Companies House, the UK’s register of company information, is to be reformed under new plans designed to prevent fraud and money laundering. As part …

Read more…

Is the Government considering a National Living Wage freeze?

Is the Government considering a National Living Wage freeze?

Posted in Latest News on October 1, 2020

New reports have suggested that the Treasury may be considering postponing a planned increase to the National Living Wage (NLW) rates next year. Under …

Read more…

Time to prepare (once again) for the VAT reverse charge

Time to prepare (once again) for the VAT reverse charge

Posted in Latest News on October 1, 2020

In just a few months, more than 150,000 businesses connected to the construction industry will have to make a fundamental change to how they manage their …

Read more…