HMRC updates process for furlough claims

HMRC has updated the templates employers use to make furlough claims for 16 or more workers, "making it easier to add the details of multiple employees". Employers claiming furlough for between 16-199 employees should use this template, while those claiming for 100 or...

PM calls for SMEs to lead charge to net zero

Prime Minister Boris Johnson and Business and Energy Secretary Kwasi Kwarteng have called on millions of small businesses across the UK to take "small, practical" steps to cut their emissions as part of the UK's journey to net zero by 2050. Together they launched the...

Trade credit reinsurance scheme to end

The Government and Association of British Insurers (ABI) announced on 26 May that the tax credit reinsurance (TCR) scheme will close on 30 June 2021 as planned. The scheme was designed as a temporary fix for companies struggling to get insurance cover for transactions...

Queen’s speech promises national recovery

The Queen set out the Government's plan for the state opening of Parliament before the House of Lords in her annual speech yesterday. The speech set out that the "Government's priority is to deliver a national recovery from the pandemic" that makes the UK "more...