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.
UK’s R&D tax system could help innovative businesses in their time of need, says Davis Grant
Each year around 50,000 R&D tax credit claims are made in the UK, which helps businesses to fund innovation and advancements, but accountants Davis Grant believe that many more companies could benefit. At a time when many businesses are struggling to access finance or funding due to the economic downturn caused by the Coronavirus pandemic, […]
Chancellor expands Job Support Scheme and grants to businesses facing new COVID-19 restrictions
The Chancellor has announced that the Government will expand the new Job Support Scheme (JSS) to assist jobs and businesses required to close their doors as a result of tougher Coronavirus restrictions. The announcement was made ahead of new plans to introduce a tier-based system for lockdowns across the country, which could force some businesses […]
Heritage organisations set to receive £103 million under Culture Recovery Fund
Some 445 heritage organisations affected by Covid-19 are set to receive more than £103 million in affordable loans and grant funding, it has been revealed.
UK Export Finance scheme extended to more than 100 overseas territories
The Government’s UK Export Finance (UKEF) scheme has now been extended to support international trade in more than 100 countries, it has been announced.