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Finance | Changes to Companies House protected online filing service

Companies House is making improvements to the protected online filing (PROOF) service to help prevent unauthorised company name changes to enhance the security of company filings

4 Jun 2021

Tax | LITRG issues guidance for partnerships reporting SEISS grants

The Low Incomes Tax Reform Group (LITRG) has published guidance on how and where to include grants received under the Self-Employment Income Support Scheme (SEISS) on tax returns for partnerships

4 Jun 2021

Tax | Fourth SEISS grant payouts total £4.7bn

As the pandemic continues to affect the self employed the latest HMRC figures show that a total of £4.7bn has been paid out in grants for the fourth self employment income support scheme (SEISS)

3 Jun 2021

Business | FCA flags money laundering concerns at cryptoasset businesses

The Financial Conduct Authority (FCA) is extending the end date of the temporary registrations regime (TRR) for existing crypto asset businesses from 9 July 2021 to 31 March 2022

3 Jun 2021

Business

Companies

Law & Guidance

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Business | How to decide between a CVA and alternative insolvency processes

Lee Manning, partner at ReSolve explains the pros and cons of a negotiated restructuring with key creditors through a company voluntary arrangement (CVA) for businesses that have been severely impacted by the pandemic

3 Jun 2021

Business

Companies

Restructuring & Insolvency

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Business | Jobs warning as owner managed businesses struggle

Owner managed businesses are struggling to come out of lockdown with 11% likely to be making redundancies in the next three to six months a report finds

1 Jun 2021

Business

Companies

Image for eviction ban lifted so bailiffs can intervene

Business | Eviction ban lifted so bailiffs can intervene

The government ban on eviction notices has been lifted allowing landlords to serve notice on tenants who have not paid rent and can now call in bailiffs

1 Jun 2021

Business

Companies

Business | Small businesses ‘paralysed by mixed messages’ as UK unlocks

SMEs feel unable to plan their financial future with four out of five (78%) accountants’ small business clients not expecting to return to pre-covid levels of production and turnover for at least a year

28 May 2021

Business

Companies

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Business | People in the news: Armstrong Watson, Smith & Williamson, PKF, EY, Azets

In this week’s accountancy career moves, partner promotions at Armstrong Watson, Azets, French Duncan and EY, and raft of hires and promotions at Gravitate, Thomas Westcott and Wylie & Bisset

28 May 2021

Business | Support for small businesses to lead charge to net zero

The government has launched the Together for our Planet ‘Business Climate Leaders’ campaign to encourage small businesses to commit to cut their emissions to net zero by 2050

28 May 2021

Business

Companies

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Business | Digitalising finance processes priority for CFOs

The changing face of work with moves towards hybrid working means finance heads need to ensure their investment in technology and analytics tools are fit for purpose, says Andrew Foster, vice president consulting EMEA at AppZen

28 May 2021

Tax | HMRC to introduce flexible working for staff

HMRC has confirmed that it will allow its 63,570 staff to work remotely for part of the week after pandemic restrictions lift as pay is set to rise by 3%

27 May 2021

Business | Trade credit reinsurance scheme to close on 30 June

The government and the Association of British Insurers (ABI) have confirmed that the temporary trade credit reinsurance (TCR) scheme will close on 30 June as planned

27 May 2021

Business

Companies

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Business | Investigations into covid loan fraud rose 50% in February

Fraud investigations into abuse of covid-19 bounce back loan (BBLs) by the City of London Police increased by more than 50% in February 2021 compared to the previous month shows research from Regulatory policy committee (RPC)

26 May 2021

Business

Companies

Image for rd tax credit scheme costly failure warns report

Tax | R&D tax credit scheme a ‘costly failure’ warns report

The UK government’s £7.3bn research and development (R&D) tax credit system is failing to deliver significant additional spending by businesses

25 May 2021

Tax | Q&A: SEISS grants and risks of incorporation

In our weekly Q&A, Suzanne Rowland, tax adviser at Croner Taxwise, considers how use of Self-Employment Income Support Scheme (SEISS) grants could impact on a sole trader’s decision to incorporate their business and any risks around earlier SEISS claims

25 May 2021