Category Archive Business News

Final furlough figures published before end of scheme

As the furlough scheme comes to an end, the latest figures have revealed that almost 12 million workers in England, Wales, Northern Ireland and Scotland have been supported by the Coronavirus Job Retention Scheme (CJRS) since its launch last year.

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Beware of clocking up the penalty points on tax returns

The taxman has confirmed that its new penalty points system for late tax payers will come into effect for the new tax year in April 2022.

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Record numbers return to work ahead of closure of furlough scheme

The number of people returning to work from furlough has reached its highest level since the start of the pandemic in March, the latest figures have revealed.

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Business leader calls for action on skills to support the recovery

The boss of one of Britain’s most influential business organisations has called on the Government to take action to make sure the UK’s economy does not stall because of labour shortages.

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Most businesses repeatedly face one particular task that carries high impact – high probability risks. Things going wrong carries severe consequences and are likely to happen at some point. But, too often, businesses fall into the trap of assuming it carries low impact – low probability risks.

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File Companies House accounts online to avoid delays, businesses told

Businesses have been urged to file Companies House accounts online as coronavirus disruption continues to significantly delay processing times.

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UK business confidence hits a four-year high

Business confidence in the UK is at the highest level for more than four years according to a new survey, with nine of the 12 UK regions expecting growth.

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New guidance for partnerships claiming fifth SEISS grant

HM Revenue & Customs (HMRC) has clarified its guidance for members of partnerships claiming the fifth Self Employment Income Support Scheme (SEISS) grant.

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Tax-related scams double during coronavirus pandemic, figures reveal

Tax-related scams have almost doubled in the past 12 months, HM Revenue & Customs (HMRC) has revealed.

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Temporary 5 per cent VAT rate rises as business opens up

Businesses that have benefited from a cut in the VAT rate will see the temporary figure of five per cent rate increase at the end of September to 12.5 per cent.

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