Businesses expecting recovery to take around 18 months

According to the latest research, UK businesses anticipate that it will take around 18 months to fully recover from the disruption of the Coronavirus pandemic and associated social distancing rules.

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Businesses access £35 billion through COVID-19 support schemes

The Government has now delivered almost £35 billion in corporate finance to businesses affected by COVID-19, it has been revealed.

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One in 10 firms unable to reopen safely under current guidance, study reveals

One in 10 firms are unable to open safely under the Government’s current health and safety guidance, a major study has revealed.

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Coronavirus Job Retention Scheme – the next steps

The Government’s Coronavirus Job Retention Scheme (CJRS), also known as the furlough scheme, was recently extended until October, with no changes until August. But what happens next with the scheme?

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Self-Employment Income Support Scheme receives 440,000 applications on day one

The landmark Self-Employment Income Support Scheme (SEISS) recorded more than 440,000 applications on its first day, official figures have revealed.

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Retail, hospitality and leisure firms set for £10 billion business rates savings

Businesses in the retail, hospitality and leisure sector are expected to save around £10 billion this tax year through business rates relief, official figures have revealed.

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Government extends Coronavirus Business Interruption Loan Scheme to all SMEs

More than £90 million in finance has been approved since the launch of the Coronavirus Business Interruption Loan Scheme (CBILS), it has been revealed.

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Businesses urged to apply for Companies House filing extension before deadline

Businesses affected by the COVID-19 pandemic are being urged to request a Companies House filing extension before the deadline.

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Is your business ready for the payroll-year end?

With the payroll year-end fast approaching, you must ensure that your business is complying with the necessary payroll obligations.

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Almost a fifth of businesses fell into their overdraft in past year

According to the latest industry research, almost one in five small businesses fell into their overdrafts in the last year in a bid to manage their cash flow.

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Chancellor offers reassurance regarding ‘soft landing’ for IR35

The new Chancellor, Rishi Sunak has offered reassurance to contractors that HM Revenue & Customs (HMRC) will ensure a soft landing is in place for the first year following the implementation of the IR35 rules.

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HMRC reminds employers to review benefits in kind to stay compliant

HM Revenue & Customs (HMRC) has reminded employers that the rules surrounding benefits in kind agreed before 06 April 2017 are changing.

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Government launches new Business Support hub

The Government has today launched a new nationwide business campaign designed to support enterprise owners through the Brexit transitional phase and beyond.

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Government launches consultation on plans for new freeports

The Government has launched a consultation on plans to create up to ten freeports across the UK in a bid to encourage global trade and attract inward investment following Brexit.

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Government extends deadline to claim post-Brexit customs support

The deadline for applying for customs and tariff support has been extended to 31 January 2021, the Government has announced.

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