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Business News

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Business News

HMRC publishes guidance on the fifth SEISS grant

Full details of the fifth Self-employment Income Support Scheme (SEISS) grant, including a new turnover test which determines the level of the grant, have now been published by HMRC. The…

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09/07/2021
Business News

Average losses from pensions scams now over £50,000

The average loss from pension scams has reached £50,949 this year, according to the latest figures from Action Fraud. That is more than double the typical figure of £23, 689…

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08/07/2021
Business News

Businesses borrowed £79 billion in COVID-19 support loans

The UK's businesses borrowed a total of £79.3 billion from the government's coronavirus (COVID-19) lending schemes, according to official figures. In total over 1.6 million loans were taken out under…

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07/07/2021
Business News

Questions remain over re-opening, say business groups

Prime Minister Boris Johnson has said he expects the final stage of England's coronavirus (COVID-19) lockdown roadmap to go ahead on 19 July. This will see the end of legal…

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06/07/2021
Business News

Aftermath of COVID-19 pandemic has caused ‘significant rise in costs for businesses’

A survey carried out by the Institute of Chartered Accountants in England and Wales (ICAEW) has revealed that the aftermaths of the coronavirus (COVID-19) pandemic and Brexit have caused a…

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05/07/2021
Business News

800,000 claim tax relief for working from home

Almost 800,000 employees who have been working from home during the pandemic have already claimed tax relief on household related costs, HMRC has confirmed. The saving is worth up to…

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02/07/2021
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