Whilst the coronavirus pandemic has presented significant challenges for businesses, our recent survey has found that one in 20 businesses has experienced growth in the past few months.
Government launches £2 billion Kickstart employment scheme to create hundreds of thousands of new jobs
The Government has launched the landmark £2 billion Kickstart employment scheme, which is set to create hundreds of thousands of new jobs for young people.
Businesses urged to claim discounts under Eat Out to Help Out scheme ahead of September deadline
Businesses who registered with the Eat Out to Help Out scheme have been urged to claim back the 50 per cent government-funded discount applied to bills ahead of the September deadline.
HM Revenue & Customs (HMRC) writes to 3,000 employers over furlough claims
HM Revenue & Customs (HMRC) is reportedly writing to 3,000 employers over claims they have made for grants from the Coronavirus Job Retention Scheme (CJRS). The ICAEW Tax Faculty says that HMRC began issuing the letters at the end of August to businesses that are suspected of having claimed more than they were entitled to […]
Davis Grant highlights the importance of payroll during the pandemic
To mark National Payroll Week, we are highlighting the important role that payroll professionals have played during the Coronavirus crisis. Held annually by the Chartered Institute of Payroll Professionals (CIPP), the awareness week, which runs from 7-11 September is intended to highlight and celebrate the positive impact that the payroll industry has in the UK. […]
Four in five SMEs are confident over their Coronavirus recovery
Four in five UK small to medium-sized enterprises (SMEs) are confident that they will recover from the Coronavirus pandemic, according to research by Starling Bank and the Great British Entrepreneur Awards. The data indicates that 75 per cent of business owners are feeling more confident than they did in July as lockdown measures ease. While […]
The first Child Trust Funds (CTFs) can now be claimed
The first Child Trust Funds (CTFs) are set to mature in September allowing those turning 18 to access their fund for the first time. CTFs were tax-free children’s savings account set up by the Government, which were available to those born between 1 September 2002 and 2 January 2011. Parents or guardians of a child […]
Advisory Fuel Rates for next quarter come into effect
A new set of Advisory Fuel Rates for the next financial quarter are now in effect as of 1 September 2020. These rates apply to any employee who uses a company car. The rates can be used in circumstances where you are reimbursing employees for business travel in their company car or in requiring employees […]
More than £1 billion in tax reliefs for creative industry
According to the latest official figures from HM Revenue & Customs (HMRC), a total of £1.1 billion was paid out in tax reliefs for the creative sector during 2019/20. The figure represents a rise of more than £30 million on the previous year. Creative sector tax reliefs aim to increase the level of investment in […]