COVID-19 – 1.23 million businesses access Government support schemes
More than 1.23 million UK businesses have accessed COVID-19 support schemes backed by the Government, according to the latest figures from HM Treasury.Continue reading
HMRC confirms unused Employment Allowance can be used to reduce other tax costs
Employers who delay their Employment Allowance claim and have unused Employment Allowance available at the end of the tax year “can use this to reduce other tax costs”, it has been confirmed.Continue reading
One in ten businesses at moderate risk of insolvency according to ONS
According to the latest statistics published by the Office for National Statistics (ONS), around one in ten businesses claim their risk of insolvency is moderate or severe, with the majority of those seeing their turnover fall by more than half this year.Continue reading
The second round of the Self-Employment Income Support Scheme (SEISS) opens for applications
The second stage of the Self Employment Income Support Scheme (SEISS) is now open, and applications must be submitted before the deadline on Monday 19 October 2020.Continue reading
COVID-19 – More than 10,000 SMEs apply for business recovery grants
More than 10,000 small and medium-sized enterprise (SME) owners have applied for a £10,000 Business Boost grant, as firms look to rebuild and recover from the coronavirus pandemic.Continue reading
More businesses given green light to reopen as lockdown restrictions relax
Beauty salons, tattoo studios, spas and barbers will be allowed to offer all “close contact” services from Saturday as lockdown measures relax, it has been announced.Continue reading
Two in five businesses expect to make redundancies this year
According to the latest research, two in five businesses expect to make redundancies this year.Continue reading
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
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