Oct 5, 2020 | Current Affairs
The Treasury has attempted to clarify how businesses can claim the job retention bonus from next year.The bonus will work alongside the new job support scheme, which was introduced to continue to support jobs through the UK’s economic recovery from the COVID-19...
Oct 2, 2020 | Current AffairsGovernment Announcements
The self-employed and other self-assessment taxpayers can apply online to spread the cost of their tax bills into 12 monthly payments. The online payment plan, announced in Chancellor Rishi Sunak’s winter economic plan, allows self-assessment customers to pay tax...
Oct 1, 2020 | Current Affairs
A third (37%) of UK employers are likely to make staff redundancies in the next three months, as a result of the coronavirus job retention scheme closing at the end of October.According to new research by the Advisory, Conciliation and Arbitration Service (Acas), that...
Sep 30, 2020 | Current Affairs
The Association of Accounting Technicians (AAT) has urged Chancellor Rishi Sunak to write off coronavirus bounce-back loans to help the UK economy recover amid the ongoing pandemic.So far, the bounce-back loan scheme, backed by the UK Government, has provided over £38...
Sep 29, 2020 | Current Affairs
Companies House has revealed an increase in the registration of new companies after the bounce-back loan scheme was introduced, prompting concerns around fraudulent loan claims.At the end of June 2020, there were 4,513,392 companies on the total register and 4,100,323...