Over 8,000 not-for-profit organisations have received grant funding of £200 million to support them throughout the coronavirus pandemic, new figures have revealed.
Temporary Annual Investment Allowance extended to January 2022
The temporary Annual Investment Allowance (AIA) will be extended until 01 January 2022 to “stimulate investment in UK manufacturing”, it has been announced.
New Bounce Back Loans have banks preparing for a wave of applications
UK banks have been preparing themselves for the wave of small and medium-sized enterprises (SMEs) topping up with the Bounce Back Loan Scheme (BBLS) once the Chancellor reopens the coronavirus-related scheme on 9 November.
HMRC urges businesses to act ahead of end of transition period to “avoid disruption”
HM Revenue & Customs (HMRC) has written to over 250,000 VAT-registered businesses urging them to “act now” ahead of the end of the Brexit transition period.
COVID-19: Business loans to reach five times more than last year
Due to the ongoing coronavirus crisis, there are estimates that the amount of net borrowing from UK organisations will surpass five times the number in 2019, as businesses struggle to survive the second wave.
“Record” number of employers reduce headcount over last three months, FSB reveals
A “record” number of firms say they have reduced headcounts over the last three months as a result of Covid-19 disruption, a major study has revealed.
Working parents struck by Covid-19 will be allowed to continue claiming Tax-Free Childcare, HMRC confirms
Working parents who fall under the income threshold to claim Tax-Free Childcare as a result of Covid-19 will be allowed to continue receiving relief, it has been announced.
Recruitment sector can’t afford to fall behind on IR35
There is now just a matter of months left until the new off-payroll rules, also referred to as IR35, are introduced.
Self Assessment: HMRC recommends completing online returns ahead of the deadline
Self Assessment individuals have 97 days left to complete their tax returns online before the deadline, but HM Revenue & Customs (HMRC) recommends completing it as early as possible.