FINANCE AND LAW

Furlough Scheme Extended Until End of April
Posted: 17 December 2020
The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31 October, will now be extended until the end of April.
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UK Internal Market Bill Becomes Law
Posted: 17 December 2020
New laws to protect jobs and trade across the whole of the United Kingdom will come into force from 1 January 2021.
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What Is an ‘Australia-Style’ EU Trade Deal?
Posted: 13 December 2020
Boris Johnson and his ministers are contemplating the increasing likelihood of failure to negotiate a free trade deal with the EU and speaking of establishing an “Australian-style” relationship with the bloc from next year.
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EU Proposes Targeted Contingency Measures to Prepare for Possible “No-Deal” Scenario
Posted: 10 December 2020
The European Commission has today put forward a set of targeted contingency measures ensuring basic reciprocal air and road connectivity between the EU and the UK, as well as allowing for the possibility of reciprocal fishing access by EU and UK vessels to each other's waters.
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Boris Johnson Presents a Plan for a Green Industrial Revolution
Posted: 18 November 2020
The Prime Minister's ambitious ten point plan for a green industrial revolution will create and support up to 250,000 British jobs.
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Bounce Back Loan Scheme Top-Ups Open for Eligible Businesses
Posted: 10 November 2020
From 10 November, participating lenders in the scheme are able to offer smaller businesses across the UK a ‘top-up’ to their existing Bounce Back Loan if they originally borrowed less than the maximum amount available to them.
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HMRC Urges VAT-Registered Traders to Act Now to Prepare for 1 January 2021
Posted: 6 November 2020
With fewer than 70 days to go until the transition period with the EU ends, HMRC has sent 250,000 letters and emails to VAT-registered traders urging them to act now to avoid disruption to their business.
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UK Internal Market Bill to Protect Northern Ireland Trading Relationships in the UK Market
Posted: 5 November 2020
The new bill is a welcome move for Northern Ireland businesses.
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Extended CJRS: How to Calculate Your Employees’ Hours and Wages
Posted: 5 November 2020
This policy paper applies for CJRS claims for periods starting on or after 1 November 2020.
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Global Leaders Confirm Their Commitment to Paris Agreement Full Implementation
Posted: 4 November 2020
The UNFCCC and the Governments of the UK, Chile, France and Italy have issued a joint statement on the US Withdrawal from the Paris Agreement.
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How to Change Flexible Furlough Arrangements
Posted: 1 November 2020
Employers need to get a new agreement even they have already given written notice to their employee about furloughing.
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Tax Treatment of the Coronavirus Job Retention Grant
Posted: 28 October 2020
HMRC explains how CJRS grants are treated for tax purposes.
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Top 100 Apprenticeship Employers Revealed
Posted: 21 October 2020
The Top 100 Apprenticeship Employers 2020 have been announced today, with the British Army securing the number one slot as the best apprenticeship employer in the country.
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Financial Services Bill Introduced Today
Posted: 21 October 2020
The new bill has been designed to ensure the UK’s world-leading financial services sector continues to thrive and grasp new opportunities on the global stage.
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54,800 Customers Claim Tax Relief For Working From Home
Posted: 13 October 2020
From 6 April 2020, employers have been able to pay employees up to £6 a week tax-free to cover additional costs if they have had to work from home.
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