The UK’s top 1% of the ‘super rich’ received a far greater, and faster growing, share of the nation’s income pre-crisis than previously thought, if capital gains are included in official statistics, according to new research

Wellbeing amongst finance professionals and the small businesses they advise has taken a dive since lockdown restrictions were enforced in March, according to separate surveys by recruiting experts Hays and ACCA released during Mental Health Awareness Week

BrightHR, the international HR software and employment law advice service, has made a £1m investment in an online tool called the Back to Work Navigator

Companies must consider the reputational damage of further delays in reporting gender pay gaps after the suspension of the April 2020 deadline alongside difficulties in annual comparisons, argues PwC’s Katy Bennett

VAT collected on donated personal protective equipment (PPE) will be given to charities supporting the NHS and care workers, the government has announced

The ground-breaking Corporate Governance and Insolvency Bill is now going through Parliament, ushering in a series of amendments to insolvency and company law in response to the coronavirus outbreak

The government’s £500m Future Fund is open for applications, a month after the scheme to invest in innovative start-ups to help them through the coronavirus outbreak was first outlined in response to claims that such companies are unable to access other government business support programmes because they are either pre-revenue or pre-profit

Simon Dingemans, chair of the Financial Reporting Council (FRC), is leaving after only eight months at the regulator, which is in the midst of major reforms to strengthen its structure and powers ahead of a planned overhaul of the structure of the audit market

Applications for remortgages are up year-on-year during April suggesting current homeowners are looking to save money with better rates, whereas first time buyer mortgage application figures plummet

Taxpayers can choose how and when they can delay making a second payment on account for the 2019-20 tax year following updated guidance from HMRC

In this month’s VAT updates, Graham Elliott considers costs of staging productions and taxable supplies of catering in the Royal Opera House case, historical VAT claim at NHS Lothian and refurbishing an empty dwelling

EasyJet has been the target of a major cyber attack which has seen hackers access details of nine million customers, including credit card details in a handful of cases