UK Export Finance records “record” year thanks to success of General Export Facility
Jun 24, 2021
UK Export Finance has recorded a “record” year thanks to the success of the General Export Facility (GEF), it has been revealed. The figures, published by the Government’s export credit agency, also show that more than 100,000 jobs were supported throughout ...
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CJRS – Upcoming changes to payments and the furlough scheme
Jun 23, 2021
The Coronavirus Job Retention Scheme (CJRS) continues to support many businesses, who are reliant on the financial support it offers to cover the costs of staff on furlough. Extended earlier this year in the Budget, support from the CJRS will slowly ...
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Preparing for the end of the Stamp Duty Holiday
Jun 23, 2021
Introduced in July 2020, the Stamp Duty Land Tax (SDLT) Holiday has helped hundreds of homeowners and investors to reduce the cost of purchasing a new property. However, the higher SDLT thresholds will change from 1 July increasing the cost of ...
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Government extends ban on commercial evictions until March 2022
Jun 23, 2021
The Treasury has reassured many distressed business owners by confirming that a moratorium on commercial evictions introduced in April 2020 will now be extended for another year. The ban, introduced more than a year ago, has already been extended twice and ...
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Fifth round of the Self-Employment Income Support Scheme to launch in late July
Jun 23, 2021
The fifth round of the Government’s Self-Employment Income Support Scheme (SEISS) will launch in late July, HM Revenue & Customs (HMRC) has confirmed. This round of the SEISS will differ from previous rounds as it will be paid at two different ...
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Businesses can still access the Recovery Loan Scheme
Jun 23, 2021
Businesses affected by Coronavirus can still access the Recovery Loan Scheme (RLS) launched in April, despite the closure of applications for other Government loan schemes, including the Coronavirus Business Interruption Loan Scheme (CBILS). The RLS opened for application on 6 April ...
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Leaving your business in capable hands – Succession planning for the next generation
Jun 21, 2021
Many individuals who have spent their livelihoods building, running, and maintaining a successful business, often intend to pass on their accomplishments to a family member, close relative or trusted employee. The process of succession planning is one all businesses will eventually ...
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Over half of Brits plan to shop with small and local businesses after pandemic, study reveals
Jun 17, 2021
Around half of Brits plan to spend their money with small and local businesses in the wake of the coronavirus pandemic, a major study has revealed. The research, published by British futurist Andrew Grill in collaboration with Vistaprint, suggests that the ...
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What are the benefits of running a side business?
Jun 15, 2021
With the effects of the coronavirus pandemic leaving many people short on funding, some have turned to side businesses to provide them with extra funds to make up for their financial losses. Starting a side business while working full or even ...
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OTS to consider “benefits and implications” of moving tax year end date
Jun 10, 2021
The Office for Tax Simplification (OTS) will explore whether there is a case for moving the UK’s tax year end date. Announcing the review, the office, which provides independent advice to HM Revenue & Customs (HMRC), suggests that aligning the tax ...
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