Employers currently using the Coronavirus Job Retention Scheme (CJRS) should prepare to transition to the new Job Support Scheme from the start of next month, HM Revenue & Customs (HMRC) has said.
Government extends further support to businesses affected by COVID-19
Under increasing pressure from business groups, local authority leaders and the public, the Government has decided to extend several of its existing support measures to help businesses across the UK – regardless of whether they are forced to close or remain open. Speaking to Parliament, the Chancellor Rishi Sunak announced three new steps that he […]
New grant funding scheme announced to help SMEs trade overseas
Up to £38 million in grant funding has been made available for small and medium-sized enterprises (SMEs) seeking to trade overseas, it has been announced.
Failing to plan, is planning to fail
If you are taking your first steps as an entrepreneur, the entire process of setting up a new business can be very daunting, especially if you are entering a fast-moving and competitive field such as tech.
Government sets out steps businesses need to take to prepare for end of the Brexit transition period
The Government has set out the steps the businesses that trade with the EU or employ people from the EU need to take to prepare for the end of the Brexit transition period on 31 December 2020. The steps set out will apply from 1 January 2021, irrespective of the outcome of the ongoing trade […]
From in-store to online: the rise of start-ups during the coronavirus pandemic
According to the Office for National Statistics (ONS), the number of new business start-ups has increased by 5 per cent during the third quarter of this year, compared to the same period in 2019.
Is now the best time to incorporate a property portfolio?
Thousands of homebuyers in the UK have benefited from the temporary increase in the Stamp Duty Land Tax (SDT) threshold announced earlier this year.
ICAEW “questions” pension tax relief proposals
The Institute of Chartered Accountants in England and Wales (ICAEW) has raised concerns over proposals to alter the level of tax relief on pensions contributions for low-earners, arguing that any changes could burden businesses.
HMRC receives almost 55,000 tax relief claims for working from home
HM Revenue & Customs (HMRC) has received 54,800 tax relief claims from individuals for working from home using a new online portal.