Jan 21, 2021 | Current AffairsGovernment Announcements
Larger businesses must now pay their smaller suppliers much faster under changes to the UK’s prompt payment code (PPC).The Department of Business, Energy and Industrial Strategy revealed businesses that have signed up to the PPC will be obligated to pay smaller...
Jan 20, 2021 | Current Affairs
More than 1.4 million Government-backed loans have been issued to businesses through financial support schemes amid the COVID-19 pandemic, new figures from the Treasury show.Support has been extended to different regions, which received loans in proportion to the...
Jan 19, 2021 | Current Affairs
The Supreme Court has backed the Financial Conduct Authority’s (FCA) appeal for small firms to receive payments from coronavirus-related business interruption insurance policies.Thousands of small firms are now set to receive insurance payouts to cover losses from the...
Jan 18, 2021 | Current Affairs
The British Chambers of Commerce (BCC) is urging the Government to provide extra financial support to businesses across the UK suffering from COVID-19 restrictions.The BCC is calling for an extension of business rate relief, VAT deferrals and an immediate round of...
Jan 15, 2021 | Current Affairs
HMRC has revealed tax payments worth around £69.1 million are being spread through its time-to-pay scheme.The tax authority said more than 25,000 self-assessment taxpayers have set up online payment plans to manage their tax liabilities in up to 12 monthly...
