British businesses can now apply for affordable loans of between £1,000 and £10 million under the new Recovery Loan Scheme (RLS).
Medium and large employers are now required to determine the employment status of contractors after major changes to the off-payroll working rules came into force this month.
Calls have been renewed for the Government to make membership of a recognised professional body mandatory for anyone offering paid-for tax accountancy services.
The new minimum rate of pay for workers in England comes into force today, 01 April 2021, it has been confirmed.
The UK could face trade tariffs of up to 25 per cent on a host of exports in retaliation against a tax on US tech giants.
Two in five UK businesses have experienced a cyber-attack in the last 12 months, a major study has revealed.
Accountants who provide tax advice may be required to hold professional indemnity insurance (PII) under new laws proposed this week.
To avoid incurring the wrath of the taxman, Self Assessment taxpayers have just over a week to get their self-assessment in order to pay any outstanding tax liabilities in full. Alternatively, they can set up an online payment plan for the 2019/20 financial year to avoid incurring penalty charges, according to HM Revenue & Customs (HMRC).
The success of the COVID vaccination programme helped to instil confidence within many UK businesses once more. A survey revealed that the number of confident firms is at its highest level since 2018.
Farming and agricultural businesses can now apply for 2021 payments under the new Basic Payment Scheme (BPS), it has been announced. Read more
Taxpayers should remain vigilant to tax scams “threatening arrest” following a surge in reports, HM Revenue & Customs (HMRC) has warned. Read more
UK businesses are losing 12 per cent of their revenue because they are failing to reclaim VAT, the latest research has revealed. Read more
The Future Fund: Breakthrough scheme, which is replacing the closed (to new applications) Future Fund scheme, will open in the UK around the start of summer.
Self-employed taxpayers who failed to file their tax return by 02 March 2021 will not be entitled to further support under the Self Employment Income Support Scheme (SEISS), it has been revealed. Read more
Newly self-employed taxpayers may be required to undergo pre-verification checks before they can access the fourth self-employment income support (SEISS) grant, it has been revealed.