Business News

Business News

Over 280,000 families now using Tax-Free Childcare

17 Jun 2021

More than 282,000 working families used a Tax-Free Childcare (TFC) account during March, according to figures from HMRC.

Finance Act 2021 receives early Royal Assent

16 Jun 2021

Royal Assent of Finance Act 2021 was granted on 10 June, bringing the extended loss carry-back, super-deduction and other measures into force.

Business groups press for further support after lockdown easing delayed

15 Jun 2021

The four-week delay to the easing of lockdown in England has prompted business groups to call for further government support for businesses.

HMRC outlines intention to recover £1 billion in fraudulent furlough funds

14 Jun 2021

HMRC has announced that it will recover over £1 billion in fraudulently claimed furlough cash over the next two years.

R&D relief regime ready for update, says ICAEW

11 Jun 2021

The UK's current research and development (R&D) tax relief regime offers valuable support to companies but could be improved, according to a survey carried out by the Institute of Chartered Accountants in England and Wales (ICAEW).

Cash boost for apprenticeships launched

10 Jun 2021

Employers of all sizes in England can now apply for £3,000 in extra funding to help them take on new apprentices, the government has confirmed.

OTS considers moving tax year end

09 Jun 2021

The Office of Tax Simplification (OTS) is set to explore the benefits, costs and wider implications of changing the date of the end of the tax year for individuals.

G7 announces global tax agreement

08 Jun 2021

The G7's finance ministers have announced a historic international agreement on global tax reform.

Bounce Back Loan repayments due for many small businesses

07 Jun 2021

Many small businesses will soon be required to begin repaying loans taken out under the government's Bounce Back Loan Scheme (BBLS).

TUC suggests UK 'lagging behind G7 peers in green jobs plans'

04 Jun 2021

An analysis carried out by the Trades Union Congress (TUC) has suggested that the UK's green jobs and economic recovery plans lag behind the plans of most G7 countries.

Fifth SEISS grant will be open to claims from late July

03 Jun 2021

The fifth Self-employment Income Support Scheme (SEISS) grant covering May 2021 to September 2021 will open to claims from late July, HMRC has confirmed.

Remote working was most common form of working during pandemic, BCC finds

02 Jun 2021

A survey carried out by the British Chambers of Commerce (BCC) has found that remote working was the most popular form of flexible working during the coronavirus (COVID-19) pandemic.

Economic growth accelerates in three months to May

01 Jun 2021

The UK economy grew significantly in the three months to May, according to the latest Growth Indicator from the Confederation of British Industry (CBI).

Trade credit insurance scheme to close

28 May 2021

The temporary Trade Credit Reinsurance (TCR) Scheme that helped struggling supply chain firms secure insurance protection during the pandemic will close at the end of June, it has been confirmed.

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