British businesses can now apply for affordable loans of between £1,000 and £10 million under the new Recovery Loan Scheme (RLS).
Medium and large employers are now required to determine the employment status of contractors after major changes to the off-payroll working rules came into force this month.
The new minimum rate of pay for workers in England comes into force today, 01 April 2021, it has been confirmed.
Business owners who took out an early coronavirus loan have more than £1.2 billion of personal guarantees on the line, a major study has revealed.Continue reading
The UK economy shrunk less than first feared during the second national lockdown, a major report has revealed.Continue reading
HM Revenue and Customs (HMRC) has updated the Advisory Fuel Rates (AFRs) which come into effect on 1 December 2020, for company car drivers requiring fuel costs from their employer. However, you can use the previous AFRs for up to one month from the date of the new rates. Continue reading
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.Continue reading
The Government has announced new measures to ensure that small businesses get paid on time.Continue reading
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