Seven in 10 small businesses adapt sales or payment tactics to pandemic, study reveals

Almost seven in 10 small businesses have launched an e-commerce website or introduced contact-free point of sale (POS) technology to adapt to the coronavirus pandemic, it has been revealed.

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Almost a third of small businesses carried on without Government Covid-19 support

According to the latest industry research, nearly a third of small businesses have carried on through the Coronavirus pandemic without accessing any financial support from the Government. The survey from Purbeck Insurance Services involved 200 workers from businesses employing 250

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COVID-19 – 1.23 million businesses access Government support schemes

More than 1.23 million UK businesses have accessed COVID-19 support schemes backed by the Government, according to the latest figures from HM Treasury.

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HMRC confirms unused Employment Allowance can be used to reduce other tax costs

Employers who delay their Employment Allowance claim and have unused Employment Allowance available at the end of the tax year “can use this to reduce other tax costs”, it has been confirmed.

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COVID-19 – More than 10,000 SMEs apply for business recovery grants

More than 10,000 small and medium-sized enterprise (SME) owners have applied for a £10,000 Business Boost grant, as firms look to rebuild and recover from the coronavirus pandemic.

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Key dates for Coronavirus support schemes, tax and Companies House

With numerous Government schemes open to businesses and individuals to help deal with the impact of the Coronavirus outbreak, there are more than 60 key dates to be aware of in the coming months where these schemes will end or

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Second round of Self-Employment Income Support Scheme (SEISS) opens on Monday

The second round of the Self-Employment Income Support Scheme (SEISS), which is worth 70 per cent of three months’ average trading profits, capped at £6,570, launches on Monday 17 August 2020. You can claim for the SEISS if you are

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HM Revenue & Customs issues ‘nudge’ letters to people suspected of having undeclared overseas assets

HM Revenue & Customs (HMRC) has written to people suspected of having undeclared overseas assets, asking them todeclare any currently undeclared overseas assets and to complete a certificate declaring the correct tax position. The letters have been generated following receipt

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Tax changes outlined in draft Finance Bill 2020 – 2021

The Government has unveiled its draft legislation for the 2020 – 2021 Finance Bill (the Bill). The new proposals cover a number of measures that were previously announced in the 2020 Spring Budget. To help you gain a greater appreciation

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Coronavirus Business Interruption Loan Scheme expanded to more businesses

Following a change in EU state aid rules, the Government has announced that it will expand the Coronavirus Business Interruption Loan Scheme (CBILS) to certain businesses classed as “undertakings in difficulty” – those with large losses and debts. The UK

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