The disruption of business, due to the coronavirus pandemic, has meant many companies are still waiting on unpaid invoices from their debtors.
Pension flexibilities afforded to employers throughout the coronavirus pandemic will be removed from 01 January 2021, it has been revealed.
The Chancellor, Rishi Sunak, is expected to announce the extension of the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) until the end of November.
According to HM Revenue and Customs (HMRC), more than £215 million of Coronavirus Job Retention Scheme (CJRS) payments have been willingly returned to the Government by UK firms, out of £35.4 billion worth of claims up until 16 August.
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned businesses to get “their data right” or face delays receiving grants under the Coronavirus Job Retention Scheme (CJRS).
The Government has announced that it has extended the ban on commercial evictions until the end of 2020, meaning businesses cannot be evicted by landlords for getting behind on rent payments. It is hoped the extension will help protect jobs
National Minimum Wage investigations by HM Revenue & Customs (HMRC) have increased significantly, according to the latest research.
Government launches £2 billion Kickstart employment scheme to create hundreds of thousands of new jobs
The Government has launched the landmark £2 billion Kickstart employment scheme, which is set to create hundreds of thousands of new jobs for young people.
The Government is being urged to ensure that young people gain access to the Child Trust Fund, which was set up by the Government in 2005 to provide young adults with a nest-egg.
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.