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Business News

UK businesses voluntarily return £215 million in furlough funds

HMRC data has revealed that UK businesses have voluntarily returned more than £215 million in overclaimed Coronavirus Job Retention Scheme (CJRS) payments. Around 80,433 firms have returned furlough funds they…

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21/09/2020
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Who can claim the Job Retention Bonus?

One of the most headline-grabbing announcements of Chancellor Rishi Sunak's Summer Economic Statement saw the promise of a Job Retention Bonus (JRB) aimed at encouraging employers to keep employees on…

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21/09/2020
Business News

MPs urge Chancellor to extend job retention scheme

MPs have urged Chancellor Rishi Sunak to extend the Coronavirus Job Retention Scheme (CJRS) to help avoid mass redundancies. The CJRS is set to be wound down in October and…

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18/09/2020
Business News

FCA confirms support for mortgage borrowers

The Financial Conduct Authority (FCA) has confirmed future support for mortgage borrowers if they continue to face payment difficulties due to the coronavirus (COVID-19). The regulator has published finalised guidance…

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17/09/2020
Business News

HMRC urges VAT-registered businesses to prepare for Brexit trading changes

HMRC has written to VAT-registered businesses that trade with the EU outlining how they should prepare for Brexit trading changes set to take effect from 2021. The letters have been…

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16/09/2020
Business News

Private pension withdrawal age to be raised

The Treasury has confirmed that the minimum age for private pension withdrawals will increase from 55 to 57 in 2028. Pension reforms made under Chancellor George Osborne meant private savers…

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15/09/2020
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