Government launches £750 million Live Events Reinsurance Scheme in wake of coronavirus pandemic

A Government-backed insurance scheme will support the events and hospitality sector recover in the wake of the coronavirus pandemic, it has been revealed.

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CHIEF service to close from March 2023, Government reveals

The Customs Handling of Import and Export Freight (CHIEF) system will be replaced by a single unified customs service from March 2023, it has been announced.

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Management accounts give snapshot of business performance

There are important financial statements in every business including the profit and loss (or income) statement, the cash flow statement, and the balance sheet. Together, these documents provide important numbers and a snapshot of your finances.

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Fewest number of workers on furlough since scheme launched last year

Less than two million employees now remain on furlough as record numbers return to the workplace, a major study has revealed.

The research, published by HM Treasury, comes as the Coronavirus Job Retention Scheme (CJRS) draws to a close this September.

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Future Fund: Breakthrough scheme – everything your business needs to know

The Future Fund: Breakthrough scheme will help innovative technology companies grow and bring new products to market in the wake of the coronavirus pandemic, the Government has suggested.Continue reading→

Digital advice hub for employers and employees launched under new National Disability Strategy

A new advice hub will help disabled workers understand their employment rights and support employers in delivering them, it has been announced.Continue reading→

Cloud app versatility delivers cost and time saving benefits

Cloud accounting has revolutionised the lives of hundreds of thousands of business owners.Continue reading→

150,000 businesses owe HMRC £2.7 billion in deferred VAT payments

HM Revenue and Customs (HMRC) reported that 150,000 UK businesses have not yet made arrangements to pay back deferred VAT payments, and therefore owe the department £2.7 billion.  Continue reading→

HMRC helpsheet to support residential property sellers with new CGT rules

New guidance will help homeowners understand the implications of capital gains tax (CGT) when selling UK residential property, it has been revealed.Continue reading→

Taxman targets cryptoassets for Capital Gains Tax

As the old saying goes, in this world, nothing is certain except death and taxes.

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