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…
The government should compel online marketplaces to collect and remit VAT, according to the Association of Accounting Technicians (AAT). The AAT was responding to the 'Claims and Elections Review' call…
Trade body UK Finance has warned small businesses to consider their ability to repay a Bounce Back loan before taking one out. The warning followed the publication of Treasury figures…
The UK economy is set to experience the 'deepest recession in living memory', according to a survey carried out by IHS Markit. The survey suggested that UK GDP could decrease…
HMRC has started to contact individuals who may be eligible for its coronavirus (COVID-19) Self-employment Income Support Scheme (SEISS). Individuals who are eligible will be able to claim a taxable…
More than 110,000 small businesses applied for a Bounce Back loan on 4 May, the first day the scheme was available. Banks providing the loans said they had approved the…