Time to Pay threshold increased to £30,000
From this week, Self Assessment customers affected by Covid-19 can apply online to spread the cost of their tax bill into affordable monthly payments.Continue reading
Commercial property: Retail rental arrears could rise to £2 billion after third-quarter payment deadline
According to research, retail rent arrears could total over £2 billion following the third-quarter payment deadline this week. Continue reading
SMEs are still chasing unpaid invoices
The disruption of business, due to the coronavirus pandemic, has meant many companies are still waiting on unpaid invoices from their debtors.Continue reading
Automatic enrolment easements to be lifted from January, regulator reveals
Pension flexibilities afforded to employers throughout the coronavirus pandemic will be removed from 01 January 2021, it has been revealed.Continue reading
Government set to announce extension of Coronavirus Business Interruption Loan Scheme
The Chancellor, Rishi Sunak, is expected to announce the extension of the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) until the end of November.Continue reading
Businesses return £215 million furlough payments to the Government
According to HM Revenue and Customs (HMRC), more than £215 million of Coronavirus Job Retention Scheme (CJRS) payments have been willingly returned to the Government by UK firms, out of £35.4 billion worth of claims up until 16 August.Continue reading
Coronavirus Job Retention Scheme rejects claims after employer accounting errors
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned businesses to get “their data right” or face delays receiving grants under the Coronavirus Job Retention Scheme (CJRS).Continue reading
Ban on commercial evictions extended until the end of 2020
The Government has announced that it has extended the ban on commercial evictions until the end of 2020, meaning businesses cannot be evicted by landlords for getting behind on rent payments.Continue reading
Business groups call for digital tools tax relief
Leading business groups have urged the Government to introduce digital tools tax relief to support small and medium-sized enterprises (SMEs).Continue reading
National Minimum Wage investigations have drastically increased
National Minimum Wage investigations by HM Revenue & Customs (HMRC) have increased significantly, according to the latest research.Continue reading
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