The aviation industry is calling for targeted support as British Airways places over 30,000 employees on furlough and EasyJet grounds all flights

Electronic signatures are ‘permissible and can be used in confidence in commercial and consumer documents’ during the coronavirus pandemic, the Lord Chancellor has confirmed, but there are times when a witness is legally required. Sophie Brookes, partner at Gateley, examines how to deal with virtual witnessing

IR35 contractors working for public sector organisations through personal service companies who are unable to carry on working due to the covid-19 pandemic will now be eligible for the 80% furlough scheme if their contracts are ongoing, reports Sara White

The Financial Conduct Authority (FCA) has launched an emergency four-day consultation on plans for temporary measures to help consumers manage their credit in the face of the financial impact of the coronavirus epidemic

Charity trustees and preparers of charity accounts have been given new guidance by the SORP-making body, looking at the potential impact of the control measures to contain Covid-19 on their financial reporting, reports Pat Sweet

The Chancellor has waived import taxes on medical equipment crucial to the fight against coronavirus, in a bid to reduce red tape to ensure equipment gets to frontline health workers faster

In response to a request from the Prudential Regulation Authority (PRA) the UK’s seven largest banks are to suspend £15bn of dividend payments to shareholders and halt buybacks on ordinary shares until the end of 2020, and will also cancel payments of any outstanding 2019 dividends

HMRC has deferred by one year the deadline for businesses reporting under Making Tax Digital (MTD) for VAT to meet the requirement to have ‘digital links’ within their recordkeeping for transferring information from Excel spreadsheets and other data sources to their online VAT filing

This month's exclusive Accountancy Daily CPD module focuses on how to deal with potential fraud and money laundering situations, which is even more crucial in face of heightened risk during covid-19 crisis

Grant Thornton is the first major accounting firm to be hit by the coronavirus crisis and is asking staff to reduce their hours or consider taking a sabbatical in a bid to shore up business and continue to support client base, reports Sara White

As EU governments make rapid changes to VAT reporting and payment schedules in light of the coronavirus pandemic, tax authorities across member states are taking very different approaches, with complex schemes with disparate qualifying criteria, payment deferrals and some taking no action as yet 

Following some initial confusion, HMRC has now updated its advice for businesses and individuals affected by coronavirus to make clear that the six-month income tax self assessment deferral for payments due in July applies to all taxpayers, and not just those who are self-employed