HMRC: Making Tax Digital to be extended to all VAT-registered businesses from 2022

06 Aug 2020

HM Revenue & Customs (HMRC) has confirmed that Making Tax Digital (MTD) will be extended to all VAT-registered businesses from April 2022.

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More businesses invited to apply for Covid-19 support after EU State Aid changes

03 Aug 2020

Even more struggling businesses affected by Covid-19 can now access finance under the Coronavirus Business Interruption Loan Scheme (CBILS), it has been announced.

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Chancellor considers online sales tax for e-commerce retail sector

27 Jul 2020

The Chancellor, Rishi Sunak, is considering the introduction of a new sales tax for the online retail sector in a bid to help the struggling high street compete with the e-commerce sector.

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COVID-19 – Almost one in three businesses ‘expect redundancies’ according to the latest research

22 Jul 2020

Almost one in three businesses (29 per cent) expect to make redundancies in the next three months, according to the latest research from the British Chambers of Commerce (BCC) and Totaljobs.

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Self-assessment taxpayers can “automatically defer payments on account”, HMRC confirms

20 Jul 2020

Self-employed taxpayers due to make a payment on account can automatically defer the payment until 31 January 2021, it has been confirmed.

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UK SMEs optimistic for future despite Coronavirus pandemic

16 Jul 2020

According to the latest research, the majority of UK based small and medium-sized enterprises (SMEs) are optimistic about the future despite the huge challenges many businesses are facing as a result of the pandemic.

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Summer Statement

08 Jul 2020

When the Chancellor, Rishi Sunak, delivered his Spring Budget on 11 March to the packed benches of the House of Commons, the hope was that the economic impact of the Coronavirus outbreak would be ‘V-shaped’, with an immediate bounce back to prosperity. Since then, nearly four months of onerous restrictions have shuttered large sections of [...] Read Full Story

Government announces £10 million tourism rescue package

08 Jul 2020

The Government has announced that tourism providers in England and Wales can now apply for a share of a £10 million rescue package designed to support the sector.

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COVID-19: Government set to introduce Stamp Duty holiday

07 Jul 2020

The Chancellor, Rishi Sunak, is set to announce the introduction of a Stamp Duty holiday in his summer statement on Wednesday 8 July 2020.

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IR35: Off-payroll working rules to go ahead in April 2021

03 Jul 2020

Major changes to the off-payroll working rules will go ahead in April 2021, it has been confirmed.

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