Businesses urged to file annual accounts early and “go paperless” to avoid Covid-19 disruption

20 Nov 2020

Companies House has urged businesses to file their annual accounts earlier than usual to avoid “last minute” disruption caused by the coronavirus.

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Proposed R&D cap for SMEs published

16 Nov 2020

On 12 November 2020, the details of the proposed Small and Medium-sized Enterprise (SME) Cap, which is due to come into effect on 1 April 2021, was published.

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Businesses return £215 million furlough payments to the Government

21 Sep 2020

According to HM Revenue and Customs (HMRC), more than £215 million of Coronavirus Job Retention Scheme (CJRS) payments have been willingly returned to the Government by UK firms, out of £35.4 billion worth of claims up until 16 August.

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Coronavirus Job Retention Scheme rejects claims after employer accounting errors

18 Sep 2020

The Institute of Chartered Accountants in England and Wales (ICAEW) has warned businesses to get “their data right” or face delays receiving grants under the Coronavirus Job Retention Scheme (CJRS).

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National Minimum Wage investigations have drastically increased

15 Sep 2020

National Minimum Wage investigations by HM Revenue & Customs (HMRC) have increased significantly, according to the latest research.

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UK businesses borrow more than £52.6 billion to tackle impact of the pandemic

10 Sep 2020

According to the latest industry research, UK businesses have borrowed more than £52.6 billion in a bid to combat the disruption caused by the Coronavirus pandemic.

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Empty high street shops reach highest level for more than six years

03 Sep 2020

According to the new figures, the number of empty high street shops has risen to the highest level for more than six years following a wave of store closures as a result of the pandemic.

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Almost a third of small businesses carried on without Government Covid-19 support

27 Aug 2020

According to the latest industry research, nearly a third of small businesses have carried on through the Coronavirus pandemic without accessing any financial support from the Government.

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One in ten businesses at moderate risk of insolvency according to ONS

20 Aug 2020

According to the latest statistics published by the Office for National Statistics (ONS), around one in ten businesses claim their risk of insolvency is moderate or severe, with the majority of those seeing their turnover fall by more than half this year.

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COVID-19 – More than 10,000 SMEs apply for business recovery grants

18 Aug 2020

More than 10,000 small and medium-sized enterprise (SME) owners have applied for a £10,000 Business Boost grant, as firms look to rebuild and recover from the coronavirus pandemic.

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