Four in five UK small to medium-sized enterprises (SMEs) are confident that they will recover from the Coronavirus pandemic, according to research by Starling Bank and the Great British Entrepreneur Awards. The data indicates that 75 per cent of business … Continue reading
The first Child Trust Funds (CTFs) can now be claimed
The first Child Trust Funds (CTFs) are set to mature in September allowing those turning 18 to access their fund for the first time. CTFs were tax-free children’s savings account set up by the Government, which were available to those … Continue reading
Key dates for the Coronavirus Job Retention Scheme
As the Coronavirus Job Retention Scheme (CJRS) is slowly wound down by the Government, businesses must adapt their PAYE reporting and payroll function to reflect the required funding contributions. To help, we have provided a list of key dates for … Continue reading
Advisory Fuel Rates for next quarter come into effect
A new set of Advisory Fuel Rates for the next financial quarter are now in effect as of 1 September 2020. These rates apply to any employee who uses a company car. The rates can be used in circumstances where … Continue reading
More than £1 billion in tax reliefs for creative industry
According to the latest official figures from HM Revenue & Customs (HMRC), a total of £1.1 billion was paid out in tax reliefs for the creative sector during 2019/20. The figure represents a rise of more than £30 million on … Continue reading