Aug 11, 2022 | Business Regulation
The Business Banking Resolution Service (BBRS) has urged SMEs with historical banking disputes to register before 14 February 2023, when the scheme closes to new applicants. Small to medium-sized businesses have the next six months to register with the independent...
Jun 21, 2022 | Business Regulation
HMRC is increasing compliance checks on R&D tax relief claims due to the number of people abusing the system. The additional checks will mean the processing time for claims will go up, following a decision by HMRC to delay payments in response to an increase in...
May 12, 2022 | Business Regulation
The Government has announced measures to strengthen the powers of Companies House to tackle abuse of limited companies as part of the Economic Crime Bill. Announced as part of the Queen's Speech on Wednesday (10 May), the bill takes aim at economic crime in the UK...
May 3, 2022 | Business Regulation
The latest figures released by the Insolvency Service showed 2,114 company insolvencies were filed in March, a 599 increase on February. It was reported that 1,844 creditors' voluntary insolvencies took place, which totalled a 109% rise compared to the same time last...
Apr 26, 2022 | Business Regulation
Research by the Association of Independent Professionals and the Self-Employed (IPSE) has found that 61% of self-employed workers operating through an umbrella company believe there are no benefits to doing so. The number of umbrella companies has grown since the...
