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Image for hmrc clarifies covid 19 overpayment notification process

Business | HMRC clarifies Covid-19 overpayment notification process

HMRC is contacting companies directly about their company tax returns reminding them to declare overpayments from the Coronavirus Job Retention Scheme (CJRS) or the Eat out to Help Out scheme

14 Oct 2021

Business

Companies

Image for ps100 spending limit contactless cards goes live

Business | £100 spending limit for contactless cards goes live

The national rollout of the new £100 spending limit for contactless card payments begins from 15 October 2021, although it will take time for retailers to update their terminals

14 Oct 2021

Business

Companies

Accountancy Firms

Business | Two more energy firms go bust

Pure Planet, a renewable energy firm backed by oil company BP, and Colorado Energy, have become the latest energy suppliers to collapse

14 Oct 2021

Business

Companies

Image for nearly 1000 hospitality venues closed july

Business | Nearly 1,000 hospitality venues closed since July

The number of licensed premises fell by almost 1,000 between July and September with 9,900 closing since the start of the pandemic

13 Oct 2021

Business

Companies

Business | A third of UK small businesses highly indebted

According to the Bank of England, a third of UK SMEs are in more than twice as much debt as before the Covid-19 pandemic

13 Oct 2021

Business

Companies

Image for tax rises will wipe out wage inflation

Tax | Tax rises will wipe out wage inflation

Salaries are rising at the fastest rate in 24 years, but wage inflation could lead to millions being less well-off as tax burden grows, warns Blick Rothenberg

12 Oct 2021

Business | Government supports faster payments system

Following consultation on the future payment landscape the Treasury has confirmed that it will support the rollout of a faster payments system and improve cross-border payments

12 Oct 2021

Business

Companies

Image for sunak faces difficult public finances budget ifs warns

Tax | Sunak faces difficult public finances at Budget, IFS warns

Chancellor Rishi Sunak could introduce cuts worth £2bn for government departments tasked with meeting the Tories’ flagship ‘levelling up’ agenda despite the biggest tax rise in a generation

12 Oct 2021

Business | People in the news: Grant Thornton, Hurst, Square 4, Azets

In a busy week for accountancy career moves, partner promotions at Azets, Grant Thornton, Armstrong Watson and Beever and Struthers, and senior hires at Apex Litigation Finance, Cooper Parry Wealth and Square 4 Partners, plus VP for ICAEW

8 Oct 2021

Leadership & Management

Image for only eight female ceos ftse 100

Business | Only eight female CEOs in FTSE 100

The number of female executive directors had flatlined in the last year with only 31 women holding executive roles across 27 companies, there are only eight female CEOs, and 15 female chief financial officers (CFO) or financial directors

8 Oct 2021

Leadership & Management

Image for tesco settles accounting scandal ps93m payout

Finance | Tesco settles accounting scandal with £93m payout

According to its annual report, in July 2020 Tesco handed out a £93m settlement payment to two shareholder litigation claims in connection with the 2014 accounting scandal

7 Oct 2021

Business | AIM records highest quarterly IPOs

AIM records the highest number of initial public offerings (IPOs) on the junior market in seven years seeing the number jump to 20 in the third quarter of 2021

6 Oct 2021

Business

Companies

Image for mazars launches sustainable finance policy tracker

Business | Mazars launches sustainable finance policy tracker

Mazars has launched its sustainable finance policy tracker which is an online tool to help financial institutions and policymakers learn what regulators are doing globally to mitigate climate risk

5 Oct 2021

Business

Companies

Image for accountants hot demand after pandemic

Business | Accountants in ‘hot demand’ after pandemic

The demand for finance and accounting talent in businesses now exceeds pre-pandemic levels reveals a new report by specialist recruiter Robert Half

5 Oct 2021

Business

Companies

Accountancy Firms

Image for treasury invests ps500m plan jobs expansion

Business | Treasury invests £500m in Plan for Jobs expansion

The Treasury announced yesterday that it was to support hundreds of thousands of people as part of a £500m expansion to the government’s Plan for Jobs scheme

5 Oct 2021

Business

Companies

Careers