Increasing number of taxpayers targeted with threatening tax scams, HMRC warns

Taxpayers should remain vigilant to tax scams “threatening arrest” following a surge in reports, HM Revenue & Customs (HMRC) has warned.Continue reading

Businesses are missing out on ‘significant’ revenue due to unclaimed VAT

UK businesses are losing 12 per cent of their revenue because they are failing to reclaim VAT, the latest research has revealed.Continue reading

Future Fund: Breakthrough to launch in summer 2021

The Future Fund: Breakthrough scheme, which is replacing the closed (to new applications) Future Fund scheme, will open in the UK around the start of summer.

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Self-employed who missed extended tax return deadline “not eligible” for SEISS support, HMRC reveals

Self-employed taxpayers who failed to file their tax return by 02 March 2021 will not be entitled to further support under the Self Employment Income Support Scheme (SEISS), it has been revealed.Continue reading

Newly self-employed asked to complete pre-verification checks before applying for fourth SEISS grant

Newly self-employed taxpayers may be required to undergo pre-verification checks before they can access the fourth self-employment income support (SEISS) grant, it has been revealed.

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UK economy ‘set for rebound’ after increase in business and consumer confidence

The UK is set for rebound after business and consumer confidence rose to levels on par with those seen prior to the coronavirus pandemic in February 2020, according to the latest research.Continue reading

Gender pay gap – what does this mean for pensions?

Research suggests that the average woman in her twenties today will retire with £100,000 less in her pension than her male peers.

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Budget 2021: what you need to know about the Recovery Loan Scheme

The Recovery Loan Scheme will help businesses restart and recover from the Covid-19 pandemic, the Government has announced.Continue reading

Government Start Up Loans attributed to rapid rise in new companies

The number of new businesses registered at Companies House grew significantly during the final six months of 2020, the latest statistics have revealed.Continue reading

Government set to unveil £520 million ‘help to grow’ scheme for small businesses

The Chancellor, Rishi Sunak, is set to announce plans to help the UK’s economic recovery by unveiling a new ‘help to grow’ scheme for small to medium-sized enterprises (SMEs).Continue reading

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