Business news

SEISS grant applicants to face new test

27 Nov 20

To qualify, businesses must meet new rules on trading conditions.

UK economy to contract by 11.3% in 2020

26 Nov 20

The OBR predicts the economy will grow by 5.5% in 2021.

ATT calls for seasonal party guidance

25 Nov 20

Clarification needed on tax exemption for annual functions.

AIA limit to remain at £1m until 2022

24 Nov 20

Temporary threshold in place until 1 January 2022.

New help-to-buy equity loan scheme set to launch

23 Nov 20

First-time buyers can get up to 20% off the cost of a new home.

UK borrowing hits £22.3bn in October

20 Nov 20

Borrowing hit its highest levels in October since records began in 1993.

HMRC warns self-assessment customers about scammers

19 Nov 20

500,000 referrals from the public offered fraudulent tax rebates.

MTD for corporation tax to be implemented from 2026

18 Nov 20

HMRC revealed potential designs of its MTD for the corporation tax system.

More support needed for small firms with 50 days until EU transition

17 Nov 20

Small businesses face a “hugely difficult” winter.

Over 19,000 jobs created by kickstart scheme

16 Nov 20

4,359 applications were received from employers across Great Britain.

Self-employed sector faces ‘avoidable decline’, says IPSE

13 Nov 20

COVID-19 crisis leaves the sector at 4.53 million self-employed individuals.

Government urged to overhaul CGT

12 Nov 20

£14 billion could be raised by doubling rates and cutting exemptions.

£1.1bn worth of BBL fraud suspected

11 Nov 20

Take-up of the scheme was “larger than expected”.

UK unemployment rises

10 Nov 20

ONS reported a 4.8% increase for the three months to September.

Pensions dashboard delayed

09 Nov 20

The scheme is due to take effect from 2023.

Government extends furlough scheme to end of March

06 Nov 20

Employees to receive 80% of salary for hours not worked.

BoE injects £150bn into UK economy

05 Nov 20

Stock of Government bonds will increase to £875 billion.

Further proposals announced to support mortgage borrowers

04 Nov 20

Borrowers have until 31 January 2021 to request a payment deferral.

Self-employed to get more financial support

03 Nov 20

The third taxable SEISS grant increases to £5,160.

Government extends furlough scheme

02 Nov 20

Extension initially in place until 30 November 2020.

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