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Business News

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Business News

Up to £3.5 billion in furlough payments fraudulent, HMRC finds

HMRC has revealed that almost £3.5 billion in Coronavirus Job Retention Scheme (CJRS) payments have been claimed fraudulently or paid out in error. HMRC told the Public Accounts Committee (PAC)…

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09/09/2020
Business News

FSB urges government to provide Brexit transition vouchers

The Federation of Small Businesses (FSB) has urged the government to provide small businesses with Brexit transition vouchers as the latest round of withdrawal talks commences. The business group called…

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08/09/2020
Business News

Treasury publishes consultation on VAT refund scheme

The Treasury has published a consultation on reforms to the VAT refund rules. Under the current VAT rules, government departments, devolved administrations, the NHS and Highways England are eligible for…

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07/09/2020
Business News

Tax hike for freelancers would be unjust, claims IPSE

Chancellor Rishi Sunak's plan to raise the national insurance contributions (NICs) paid by self-employed workers would be unjust, the Association of Independent Professionals and the Self-Employed (IPSE) has claimed. According…

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04/09/2020
Business News

Research reveals 800,000 workers being ‘under-enrolled’ in pension schemes

Research carried out by the Resolution Foundation has revealed that 800,000 workers are being 'under-enrolled' in company pension schemes and are not receiving their legal employer pension contributions. The latest…

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03/09/2020
Business News

Kickstart Scheme opens for applications

The government's £2 billion Kickstart Scheme is now open for employer applications. The scheme is part of the Plan for Jobs announced during Chancellor Rishi Sunak's July Summer Economic Update.…

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02/09/2020
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