Dec 21, 2020 | Current Affairs
The future of the UK economy remains “unusually uncertain”, the Bank of England (BoE) has warned, as interest rates remain unchanged at 0.1%.Minutes from the December meeting of the Bank’s rate-setting Monetary Policy Committee suggested rates will stay the same but...
Dec 18, 2020 | Current AffairsGovernment Announcements
Chancellor Rishi Sunak has announced the extension of the furlough scheme until the end of April 2021, with the Government continuing to contribute 80% towards employees’ pay for hours not worked.The Government will also extend the current COVID-19 business loan...
Dec 17, 2020 | Current Affairs
HMRC has urged businesses to act now to avoid delays as the Brexit transition period comes to an end.The changes to customs and tax will affect businesses that trade with Europe, with HMRC revealing it has sent over 250,000 letters and emails to VAT-registered...
Dec 16, 2020 | Current Affairs
The Institute of Directors (IoD) has warned the Government that a rise in capital gains tax (CGT) would affect Britain’s entrepreneurial spirit.If the Government decides to act on recommendations from a recent report by the Office for Tax Simplification, capital gains...
Dec 15, 2020 | Current Affairs
The number of people in payrolled employment has decreased by 819,000 since the start of the COVID-19 pandemic, recent figures from the Office for National Statistics (ONS) show.The ONS revealed that in the three months to October 2020, unemployment rates were...
