Like many other sectors, the property industry is struggling to access finance due to the economic impact of COVID-19.
Self-Assessment late payment penalties relaxed but interest still accrues
Following HM Revenue & Customs’ (HMRC) announcement that it is waiving late filing penalties for Self-Assessment taxpayers who file by 28 February, it has now announced that it is waiving the five per cent late payment penalty that usually applies from 3 March for taxpayers who pay or set up a payment plan by 1 […]
Start-ups looking to recruit new experts can now take advantage of the Kickstart scheme
Last year, the Government introduced a new grant via the Kickstart Scheme to support the creation of new jobs placements at businesses across the UK.
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”.
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.
New free service to help your business resolve disputes with banks
A new independent and free service has been set up after a review of business complaints within the banking sector. It gives SME business owners like you, who were previously unable to lodge complaints with the ombudsman, the opportunity to receive a cash award and can be used for both new complaints and to review […]
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.
£2,000 grants for Brexit-related training or professional advice announced
The Government has announced the launch of a £20 million SME Brexit Support Fund, intended to help SMEs with the new rules that apply to trading with the EU following the end of the Brexit transition period. The fund offers grants worth up to £2,000 to enable businesses who trade only with the EU and […]
What you need to know about the end of the Northern Ireland grace period
It was today revealed that the European Commission is unlikely to accept the Government’s proposition of a two-year extension to the Northern Ireland grace period. With reports suggesting that the Union will consider a three-to-six-month extension at best, what does this mean for businesses transporting goods into Northern Ireland? What is the Northern Ireland grace […]