The Chancellor has set aside a further £65bn to support businesses, employees and the self employed to deal with the coronavirus pandemic as lockdown eases
In this month’s round-up of director bans, tax evasion and accounting fraud, fashion boss jailed as accounts unravel, drinks company that falsified accounts faces £300k collapse and administration services firm boss banned for £373k VAT fraud
This week’s Budget announcements were a mixed bag for pension savers with a cap on the lifetime allowance creating inherent tax risks. Kay Ingram, director of public policy at LEBC, explains
A Birmingham director has landed an 11-year ban from holding directorships after obtaining close to £635,000 worth of government grants to plant forests in England
Business optimism has turned positive for the first time since the global pandemic started in March 2020 according to the RSM Financial Conditions Index
In this week’s accountancy career moves, partner appointments at Moore Kingston Smith, HW Fisher and Cripps, interim head for Charity Commission and MD for Quantuma
The rise of microbusinesses during the pandemic has raised issues about the application of the off-payroll working rules. Michael Paulin, tax barrister, examines potential pitfalls
The government will invest over £100m in a taxpayer protection taskforce of 1,265 HMRC staff to combat the estimated £3.5bn fraudulent claims of Covid-19 support packages
A new loan scheme to support access to finance for UK business as they grow and recover from the disruption of the Covid-19 pandemic was announced at the Budget
The Chancellor has announced that the furlough scheme will be extended to the end of September with employers expected to make additional contributions from July
As part of the UK's post Brexit trade vision, the Chancellor confirmed the go-ahead for plans for a number of freeports with tax benefits spread across the country
The government will maintain the pensions Lifetime Allowance at its current level of £1,073,100 until April 2026, removing the usual annual incremental rises
As part of the government’s covid support package, the Chancellor confirmed further extension of the self employed income support scheme (SEISS) with two new tranches of grant
In a welcome move for home buyers midway through property transactions, the Chancellor confirmed that the stamp duty holiday would remain in place for a temporary period
To continue supporting the 150,000 businesses in the tourism and hospitality sectors and to protect 2.4 million jobs, the government has extended the temporary 5% reduced rate of VAT until 30 September 2021
Allan Cinnamon, guest tax writer at Croner-i, analyses the impact of Brexit on the main areas of UK corporate tax law that are derived from EU legislation enacted while the UK was a member of the EU. These laws have been effectively transposed into UK law