The government has announced a new £1.25bn scheme to help innovative firms survive the coronavirus pandemic. The package is made up of: £500 million investment fund for high-growth companies impacted by the crisis, made up of funding
HMRC has released the latest bi-monthly issue of the 'Agent Update' publication which includes summaries of recent changes and updates that have been announced. The document, which is aimed at taxation and accountancy practitioners, includes
Companies House has confirmed that businesses will be provided with additional support to help them meet their legal responsibilities in light of the COVID-19 outbreak. The measures include the following: Companies House will temporarily pause
The new VAT road fuel scale charges have been published. The changes amend the VAT scale charges for taxing private use of road fuel to reflect changes in fuel prices. The new fuel scale charges must be used by companies from the start of their next
The Chancellor of the Exchequer, Rishi Sunak, has announced today (17 April 2020) that the Coronavirus Job Retention Scheme is to be extended by one month until the end of June. This announcement will help provide many businesses with more certainty
The government has confirmed a number of important of announcements regarding the eligibility requirements for using the Coronavirus Job Retention Scheme and the opening of the online portal for applications. The date on which employees can be
The government has published sector-specific guidance for employers in England on social distancing in the workplace during coronavirus (COVID-19). The guidance covers how social distancing and other measures might be implemented by employers to
Once the present lock-down is eased, those businesses that have manged to weather the disruption will be eager to start selling. Sales will be the indicator that receives the most attention; sole-traders, partners and directors will be out of their
There is a temptation to treat expenditure as a cost. The Cambridge Online dictionary defines cost as: “The amount of money needed to buy, do, or make something” What this definition does not do is to expose the difference between a
The Chancellor, Rishi Sunak, has announced an additional £750m of funding for front-line charities to help them to continue their vital work during the COVID-19 pandemic. The £750m is made up of a direct allocation of £360 million
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