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Business News

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Business News

Late payers warned over false economy

Businesses have been warned that paying suppliers late as they hoard cash during the coronavirus (COVID-19) crisis could prove a false economy. The long-term impact of late payments will hit…

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14/05/2020
Business News

Chancellor extends Job Retention Scheme until October

Chancellor Rishi Sunak has extended the Coronavirus Job Retention Scheme (JRS) until the end of October. Mr Sunak confirmed that employees will continue to receive 80% of their monthly wages…

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13/05/2020
Business News

Self-employed grant scheme to open to applications

Self-employed workers whose income has been hit by the coronavirus crisis can apply for grants from the government from 13 May. The Self-Employed Income Support Scheme (SEISS) is designed to…

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13/05/2020
Business News

HMRC extends tax appeal deadline due to pandemic

HMRC has granted taxpayers extra time to appeal its decisions or penalties where the usual 30-day deadline cannot be met due to the coronavirus pandemic. The decision means that taxpayers…

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12/05/2020
Business News

Stamp Duty liability should be switched to sellers

The liability for Stamp Duty on residential property sales should be switched from buyers to sellers, according to the Association of Accounting Technicians (AAT). The AAT was responding to the…

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12/05/2020
Business News

Business groups need more guidance and financial support for return to work

Business groups are asking for more guidance and continued financial support after Prime Minister Boris Johnson began easing the coronavirus lockdown. The Prime Minister encouraged those who cannot work from…

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11/05/2020
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