Latest News & Events
Government must take another look at support for businesses in Tier 4, says CBI December 22, 2020
The Confederation of British Industry (CBI) has urged the government to take a fresh look at the support it provides for businesses now under Tier 4 restrictions. Prime Minister Boris Johnson announced new Tier 4 restrictions for London, the South East and East of England amid a surge in coronavirus (COVID-19) cases and alarm about
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Scheme launched to support firms moving goods after Brexit December 22, 2020
Traders are being urged to consider whether they need to sign up to the new UK Trader Scheme (UKTS) once the Brexit transitional period ends on 31 December. The scheme will ensure traders do not pay tariffs on the movement of goods into Northern Ireland from Great Britain where those goods can be shown to
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Chancellor extends furlough scheme until end of April 2021 December 22, 2020
Chancellor Rishi Sunak has extended the Coronavirus Job Retention Scheme (CJRS) until the end of April 2021. Businesses adversely affected by the coronavirus (COVID-19) can make use of the CJRS until the end of April, with the government continuing to pay 80% of employees’ salaries for hours not worked until the end of April. Employers
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£100 billion savings glut could fuel economic recovery, says Bank of England December 17, 2020
The £100 billion in excess savings built up by UK households during this year’s coronavirus (COVID-19) lockdowns could help fuel an economic recovery, according to the Bank of England. Accidental savers working from home have not had any commuting costs and have been unable to spend on holidays, said the Bank. The Institute for Fiscal
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CGT rise would adversely affect entrepreneurs, warns IoD December 17, 2020
The Institute of Directors (IoD) has warned the government that a rise in capital gains tax (CGT) would affect Britain’s entrepreneurial spirit. The business group believes CGT could be targeted by the Treasury and increased in order to help put public finances back on a stable footing following the coronavirus (COVID-19) pandemic. Tej Parikh, Chief
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