Blog

Government publishes regional Covid-19 finance figures

Almost 900,000 businesses in England have benefitted from more than £10 billion in Covid-19 loans and grants, the latest figures reveal.

07 Aug 2020

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

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

06 Aug 2020

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

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

03 Aug 2020

Chancellor considers online sales tax for e-commerce retail sector

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.

28 Jul 2020

Only a quarter of eligible businesses registered for ‘Eat out to help out' scheme

According to the latest figures from HM Revenue & Customs (HMRC), only a quarter of eligible businesses in the hospitality sector have signed up to the new ‘Eat out to help out scheme’.

23 Jul 2020

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

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

20 Jul 2020

UK SMEs optimistic for future despite Coronavirus pandemic

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.

16 Jul 2020

“Tax gap” falls to lowest level on record

The “tax gap” – the difference between what should be paid and what is actually paid – has fallen to its lowest recorded rate, new figures have revealed.

14 Jul 2020

Summer Economic Update

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.

08 Jul 2020

COVID-19: Government set to introduce Stamp Duty holiday

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

07 Jul 2020

Businesses expecting recovery to take around 18 months

According to the latest research, UK businesses anticipate that it will take around 18 months to fully recover from the disruption of the Coronavirus pandemic and associated social distancing rules.

02 Jul 2020

Can I save money by leasing a car through my company?

Is it cheaper to lease a car through a limited company? It’s a question we’re often asked, but the answer isn’t quite so straightforward.

29 Jun 2020