News

Change to Companies House bank details

Companies House has changed its bank details with effect from 1 September 2020 following a technical change to the way it is funded. Letters sent by Companies House

More than £1 billion in tax reliefs for creative industry

According to the latest official figures from HM Revenue & Customs (HMRC), a total of £1.1 billion was paid out in tax reliefs for the creative sector during 2019/20.

Advisory Fuel Rates for next quarter come into effect

A new set of Advisory Fuel Rates for the next financial quarter are now in effect as of 1 September 2020. These rates apply to any employee who uses a company car.

Key dates for the Coronavirus Job Retention Scheme

As the Coronavirus Job Retention Scheme (CJRS) is slowly wound down by the Government, businesses must adapt their PAYE reporting and payroll function to reflect the

The first Child Trust Funds (CTFs) can now be claimed

The first Child Trust Funds (CTFs) are set to mature in September allowing those turning 18 to access their fund for the first time. CTFs were tax-free children’s

Four in five SMEs are confident over their Coronavirus recovery

Four in five UK small to medium-sized enterprises (SMEs) are confident that they will recover from the Coronavirus pandemic, according to research by Starling Bank and

HM Revenue & Customs (HMRC) writes to 3,000 employers over furlough claims

HM Revenue & Customs (HMRC) is reportedly writing to 3,000 employers over claims they have made for grants from the Coronavirus Job Retention Scheme (CJRS).

Government to launch new local lockdown grants

Businesses that are required to shut due to local lockdowns could be entitled to claim up to £1,500 in grant funding every three weeks for each premises that is closed

CBILS ends on 30th September 2020

The Coronavirus Business Interruption Loan Scheme (CBILS) has offered important financial support to thousands of businesses across the UK – but it is due to end this