Feb 19, 2021 | Current AffairsGovernment Announcements
HMRC has published a new document outlining its IR35 compliance strategy, which will be introduced on 6 April 2021.Emphasising its advice from last year, the tax authority confirmed it will not issue fines for inaccuracies in the first year of the scheme, unless there...
Feb 12, 2021 | Current AffairsGovernment Announcements
The UK Government has announced a £20 million SME Brexit support fund to adjust to new customs and VAT rules when trading with the EU.SMEs which trade with the EU will be entitled to grants worth up to £2,000 for each trader to pay for support, which includes training...
Feb 8, 2021 | Current AffairsGovernment Announcements
Businesses that took out COVID-19 loans will be given some “breathing space” to make their first repayment, Chancellor Rishi Sunak has announced.The Treasury announced over 1.4 million firms who have taken out bounce-back loans will be able to pay it back over a...
Feb 2, 2021 | Government Announcements
The Government has announced employers can now apply for a £1,000 cash boost to encourage them to take on new trainees.The scheme, which is available until 31 July 2021, will help firms manage the costs of providing training, which includes facilities such as travel...
Jan 26, 2021 | Current AffairsGovernment Announcements
HMRC will waive fines for self-assessment tax returns that miss the midnight deadline on 31 January 2021, as long as they are filed by 28 February 2021.The tax authority is still encouraging anyone who has not yet filed their 2019/20 tax return to do so to file by the...
