Coronavirus Job Retention Scheme rejects claims after employer accounting errors

The Institute of Chartered Accountants in England and Wales (ICAEW) has warned businesses to get “their data right” or face delays receiving grants under the Coronavirus Job Retention Scheme (CJRS).

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New local lockdown grant fund to act as business “safety net”

Businesses in England affected by “local lockdowns” are set to receive up to £1,500 per property every three weeks to keep their operation afloat, it has been announced.

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UK businesses borrow more than £52.6 billion to tackle impact of the pandemic

According to the latest industry research, UK businesses have borrowed more than £52.6 billion in a bid to combat the disruption caused by the Coronavirus pandemic.

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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.

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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.

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Empty high street shops reach highest level for more than six years

According to the new figures, the number of empty high street shops has risen to the highest level for more than six years following a wave of store closures as a result of the pandemic.

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Seven in 10 small businesses adapt sales or payment tactics to pandemic, study reveals

Almost seven in 10 small businesses have launched an e-commerce website or introduced contact-free point of sale (POS) technology to adapt to the coronavirus pandemic, it has been revealed.

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Almost a third of small businesses carried on without Government Covid-19 support

According to the latest industry research, nearly a third of small businesses have carried on through the Coronavirus pandemic without accessing any financial support from the Government.

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SMEs are missing out on £1.5 billion worth of COVID-19 Government support grants

According to the latest research, small to medium-sized enterprises (SMEs) are missing out on almost £1.5 billion in coronavirus business support grants, which have gone unclaimed ahead of the deadline on Friday 28 August.

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COVID-19 – 1.23 million businesses access Government support schemes

More than 1.23 million UK businesses have accessed COVID-19 support schemes backed by the Government, according to the latest figures from HM Treasury.

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HMRC confirms unused Employment Allowance can be used to reduce other tax costs

Employers who delay their Employment Allowance claim and have unused Employment Allowance available at the end of the tax year “can use this to reduce other tax costs”, it has been confirmed.

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One in ten businesses at moderate risk of insolvency according to ONS

According to the latest statistics published by the Office for National Statistics (ONS), around one in ten businesses claim their risk of insolvency is moderate or severe, with the majority of those seeing their turnover fall by more than half

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The second round of  the Self-Employment Income Support Scheme (SEISS) opens for applications

The second stage of the Self Employment Income Support Scheme (SEISS) is now open, and applications must be submitted before the deadline on Monday 19 October 2020.

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COVID-19 – More than 10,000 SMEs apply for business recovery grants

More than 10,000 small and medium-sized enterprise (SME) owners have applied for a £10,000 Business Boost grant, as firms look to rebuild and recover from the coronavirus pandemic.

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More businesses given green light to reopen as lockdown restrictions relax

Beauty salons, tattoo studios, spas and barbers will be allowed to offer all “close contact” services from Saturday as lockdown measures relax, it has been announced.

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