Jul 23, 2020 | Business Regulation
The Government has been criticised for dragging its heels over revamping the audit system. The Business, Energy and Industrial Strategy (BEIS) select committee reiterated calls for the Financial Reporting Council (FRC) to be replaced. In October 2019, the BEIS...
Jun 29, 2020 | Business Regulation
Almost two-thirds of small businesses in the UK experienced late or frozen payments as a result of the COVID-19 outbreak, a report has claimed. The Federation of Small Businesses (FSB) polled 4,228 small business owners in April 2020 and found the issue affected 62%...
Mar 26, 2020 | Business Regulation
Around 4.3 million businesses in the UK can apply to Companies House for a three-month extension to file their accounts. The joint initiative between the Government and Companies House aims to give firms time to focus on negating the economic impacts of COVID-19....
Jan 30, 2020 | Business Regulation
Ahead of the UK's exit from the EU on 31 January 2020, HMRC has issued letters to inform VAT-registered businesses about how they can prepare for future trade arrangements. The letters explain which actions businesses must take if they will be trading with the EU...
Oct 28, 2019 | Business Regulation
An increasing number of employers are unaware of their workplace pensions responsibilities, according to a poll by the Pensions Regulator. Employers that have already staged have five ongoing duties when it comes to complying with auto-enrolment. These include keeping...
