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
MPs call for business rates cut in 2021 Budget
A total of 45 MPs in England are calling for Chancellor Rishi Sunak to cut business rates in England from 50 per cent of the market rent to 35 per cent in the 2021 Budget.Continue reading
Draft legislation implements requirement for “mandatory independent scrutiny” of pre-pack administration sales
New legislation will require independent scrutiny of pre-pack sales where connected parties are involved, it has been announced.Continue reading
Small businesses handed £7.8 billion through local authority grant schemes, figures reveal
More than £7.8 billion in grant funding has been delivered to small businesses through local authority grant schemes, it has been revealed.Continue reading
Self-Employment: Government set to announce the fourth round of SEISS in Budget
The Chancellor, Rishi Sunak, is set to announce the fourth round of the Self-Employment Income Support Scheme (SEISS) at the Budget on 3 March, according to reports.Continue reading
Budget 2021: Hospitality businesses call for extended VAT cut
Due to the prolonged impact of coronavirus on the hospitality industry, firms within this sector urge Chancellor Rishi Sunak to extend the VAT reductions for a year in the Budget.Continue reading
Uber drivers “not self-employed”, Supreme Court rules
Ride-hailing giant Uber must pay its workforce at least the legal minimum wage and holiday pay after a Supreme Court ruled that its drivers are “not self-employed”.Continue reading
HMRC announces light touch approach to IR35 errors in first 12 months
Businesses will not be penalised for errors relating to IR35 in the first 12 months, it has been announced.Continue reading
Businesses to have access to free service to help resolve disputes with banks
Small and medium-sized enterprises (SMEs) will have access to a new independent service to assist in resolving disputes with banks.Continue reading
Pub industry calls for reopening of the sector as sales halve
Prominent figures within the beer and pub industry are calling upon the Government to reopen pubs with non-essential shops when lockdown ends, as they are an indispensable contributor to the economy. Continue reading
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