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HMRC waives penalties for late-filed tax returns

26 Jan 21 HMRC will waive fines for self-assessment tax returns that miss the midnight deadline on 31 January 2021, as long as they are

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Small firms get COVID-19 insurance boost

19 Jan 21 The Supreme Court has backed the Financial Conduct Authority’s (FCA) appeal for small firms to receive payments from coronavirus-related business interruption insurance

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ICAEW calls for further guidance on CIS changes

13 Jan 21 The Institute of Chartered Accountants in England and Wales (ICAEW) has called on HMRC to publish draft regulations and guidance on the

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Chancellor unveils £4.6bn support package

5 Jan 21 Businesses are to receive a one-off grant worth up to £9,000 as part of a £4.6 billion support package, Chancellor Rishi Sunak

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Government urged to review support for tier 4 firms

23 Dec 20 The Confederation of British Industry (CBI) has urged the Government to take a “fresh look” at support offered for firms under newly-imposed

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Sunak extends furlough scheme

18 Dec 20 Chancellor Rishi Sunak has announced the extension of the furlough scheme until the end of April 2021, with the Government continuing to

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BCC: ‘Firms lack details on Brexit changes’

9 Dec 20 The British Chambers of Commerce (BCC) says UK firms are being left with unanswered questions less than a month before the Brexit

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Third SEISS grant opens

1 Dec 20 The third self-employment income support scheme (SEISS) grant has opened for applications. To qualify for the grant, applicants must either be currently

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UK borrowing hits £22.3bn in October

20 Nov 20 Government borrowing has dropped to £22.3 billion in October, down from £28.6bn a month earlier, as a result of continued spending to

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Self-employed sector faces ‘avoidable decline’, says IPSE

13 Nov 20 Self-employed individuals are facing a “long-term but avoidable decline” in the sector, according to the Association of Independent Professionals and Self-Employed (IPSE).

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