HMRC helpsheet to support residential property sellers with new CGT rules
Jul 23, 2021
New guidance will help homeowners understand the implications of capital gains tax (CGT) when selling UK residential property, it has been revealed. HM Revenue & Customs (HMRC) said the new helpsheet – which can be downloaded here - will support taxpayers ...
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‘Pingdemic’ – an increase in self-isolating threatens supermarket sales
Jul 20, 2021
The NHS app has told so many supermarket workers to self-isolate that some stores are now considering reducing opening hours or closing altogether. M&S is one chain that saw a rise in employees receiving notifications and are therefore contemplating reducing hours ...
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Freedom Day – What does it mean for businesses?
Jul 16, 2021
From 19 July the majority of the remaining Coronavirus pandemic restrictions will end in England, with a similar reduction of measures in Wales and Scotland. Commonly being referred to as Freedom Day, this final step in reopening the economy will see ...
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Help to Grow: Management scheme now open
Jul 15, 2021
The Government’s landmark Help to Grow: Management scheme is now open for applications. The initiative offers businesses free or subsidised training to level up in the wake of the coronavirus pandemic. Here’s what you need to know. What is the Help to Grow: ...
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Corporate Insolvency and Governance Act 2020 – the changes in 2021
Jul 12, 2021
Some temporary relief measures introduced under the Corporate Insolvency and Governance Act 2020 (CIGA) are extending, the Government announced on 16 June 2021. CIGA was introduced in June 2020 to support companies facing the threat of insolvency during the height of ...
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Guidance for the fifth round of the Self-Employment Income Support Scheme (SEISS) published
Jul 09, 2021
HM Revenue & Customs (HMRC) has published detailed guidance for the fifth round of the Self-Employment Income Support Scheme (SEISS), which will open for claims in the coming weeks. Instead of announcing a specific date on which the new round of ...
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Coronavirus loan schemes relieved cash flow concerns for “millions” of British businesses, latest figures reveal
Jul 09, 2021
Businesses borrowed almost £80 billion in emergency loans and finance facilities throughout the coronavirus pandemic, a major study has revealed. The final figures, published by HM Treasury and the British Business Bank (BBB), reflect the success of the Government’s financial support ...
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Electric car registrations surpassed 10 per cent mark in UK
Jul 06, 2021
According to new data, 10.7 per cent of car registrations in June were completely battery electric vehicles. In the same month, the Tesla Model 3 (a zero-emission car) was the largest seller in the UK, making it the first time electric ...
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NI Protocol: UK and EU agree to extend chilled meats grace period until 30 September 2021
Jul 01, 2021
Businesses in Great Britain will be allowed to continue moving certain chilled meat products across the Northern Ireland border after an extension was today agreed upon by the UK and EU. The transportation of chilled meats – such as sausages, chicken ...
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Federation of Small Businesses calls for more help for SMEs as financial support winds down
Jun 28, 2021
The Federation of Small Businesses (FSB) calls on the Government to offer more economic support to small and medium enterprises (SMEs) as coronavirus-related limits continue and fewer financial packages are being handed out. For example, the Government delayed the lifting of ...
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