FSB urging businesses not to miss out on emergency Covid-19 funding
The Federation of Small Businesses (FSB) is warning SMEs that any remaining emergency Coronavirus funding will go back to the Treasury at the end of August if it is not claimed.Continue reading
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.Continue reading
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.Continue reading
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.Continue reading
Government announces new stamp duty rates for non-residents from April 2021
HM Revenue & Customs (HMRC) has announced new rates of Stamp Duty Land Tax (SDLT) for non-residents from 1 April 2021.Continue reading
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.Continue reading
HMRC: Update tax credit account or risk overpayment
Those in receipt of tax credits must tell HM Revenue & Customs (HMRC) about any changes in their circumstances before 31 July or risk overpayment, it has been warned.Continue reading
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’.Continue reading
COVID-19 – Almost one in three businesses ‘expect redundancies’ according to the latest research
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.Continue reading
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.Continue reading
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