News & Updates

UPDATED 06/05/20: The Government has announced a new 100% government-backed Bounce Back loan scheme, providing loans of up to £50,000 for small businesses, which is now open for applications. - Read More

UPDATED 30/04/20: Details of the Government’s income support package for the self employed who are impacted as a result of the coronavirus. - Read More

UPDATED 24/04/20: Furloughing employees provides financial reassurance to UK businesses during Covid-19, but there are many important issues to consider before implementing it. We explain the actions you should take as an employer, plus provide an example furlough letter to send your employees. - Read More

UPDATED 21/04/20: Coronavirus Job Retention Scheme (CJRS) provides businesses with financial support to pay 80% of an employee’s salary, and the online claim form is now live. - Read More

IR35 reforms in the private sector are highly unpopular, and so the decision to delay their implementation until April 2021 because of the coronavirus pandemic has come as very welcome news. - Read More

Covid-19 dominated the Budget which the Chancellor delivered on 11 March. However in amongst the coronavirus-related announcements was the confirmation of various other tax updates and changes to be aware of, many of which came into effect at the start of the new 2020/21 tax year. - Read More

The Government has announced the introduction of emergency measures to overhaul insolvency laws, in an attempt to help prevent the mass failure of UK companies due to Covid-19. - Read More

The Government has made legislation to allow SMEs and employers to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19 - Read More

UPDATED 14/04/20: Support for UK businesses during COVID-19 includes grant funds for small businesses and for retail, hospitality and leisure businesses - Read More

UPDATED 14/04/20: A Coronavirus Business Interruption Loan Scheme (CBILS) has been delivered by the British Business Bank - here are the key features and how to apply for it. - Read More

HMRC aims to increase revenue from tax investigations by £4.4bn over the next five years, and will continue to target individuals and small businesses which have proved very lucrative in the past year. - Read More

If you have difficulty paying your tax bills due to COVID-19, it may be possible to negotiate with HMRC and agree a Time to Pay arrangement. - Read More