FINANCIAL SERVICES

Automatic Filing Extensions Due to Come to an End

Posted: 25 March 2021
The automatic extensions granted by the Corporate Insolvency and Governance Act will come to an end for filing deadlines that fall after 5 April 2021.
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UAE and UK Launch Sovereign Investment Partnership to Support Life Science Industry

Posted: 24 March 2021
Abu Dhabi’s Mubadala Investment Company to invest £800m, alongside £200m from the UK, boosting the next generation of British life science companies.
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Over 30 Tax Policymaking Updates Published

Posted: 23 March 2021
The government has published a series of tax documents and consultations in a move to strengthen policymaking and help create a more trusted, simple and modern tax system.
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Who Can Claim Grants Under the Furlough Scheme?

Posted: 12 March 2021
If you cannot maintain your workforce because your operations have been affected by coronavirus (COVID-19), you can furlough employees and apply for a grant to cover a portion of their usual monthly wage costs where you record them as being on furlough.
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Britain’s Most Affordable Towns for Home Buyers

Posted: 11 March 2021
Shildon in County Durham has been identified as Britain’s most affordable town, with average house prices equating to around £6,000 more than a typical couple’s gross annual earnings.
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Global House Prices Went Stratospheric in 2020

Posted: 10 March 2021
The strongest housing markets in the Global Property Guide's  survey during 2020 included New Zealand (+16.77%), Sri Lanka (+15.47%), Puerto Rico (+14.59%), Slovak Republic (+14.28%), and Turkey (+13.7%), using inflation-adjusted figures.
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Budget 2021 Sets Path for Recovery

Posted: 3 March 2021
Chancellor Rishi Sunak's £65 billion three-point plan will provide support for jobs and businesses as the UK emerges from the pandemic and forges a path to recovery.
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Budget 2021: What You Need to Know

Posted: 3 March 2021
Here's a full list of measures announced by Chancellor Rishi Sunak in the latest Budget.
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Furlough Scheme Extended Until End of September

Posted: 3 March 2021
The Coronavirus Job Retention Scheme (CJRS), which was due to end in April, will now be extended until the end of September.
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Companies House to Resume Voluntary and Compulsory Strike Off From 8 March

Posted: 27 February 2021
Strike off processes were temporarily paused from 21 January 2021 so that companies and creditors would not be adversely affected by processing delays at Companies House.
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Mayor Calls on London’s Innovators to Support City’s Recovery

Posted: 23 February 2021
Sadiq Khan unveils partners and goals for £1m Resilience Fund and launches £500k design-led recovery scheme.
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VAT Deferral New Payment Scheme – Online Service Opens

Posted: 23 February 2021
Businesses that deferred VAT payments last year can join the new scheme to pay it in smaller monthly instalments.
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Prime Minister Sets Out Roadmap to Ease Lockdown Restrictions

Posted: 22 February 2021
The UK government publishes four-step roadmap to ease restrictions across England and provide a route back to a more normal way of life.
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Controversial EU Vnuk Motor Insurance Law to Be Removed from British Law

Posted: 21 February 2021
British drivers will avoid an estimated £50 a year increase in motor insurance costs as the government confirms it plans to do away with the controversial EU ‘Vnuk’ law, Transport Secretary Grant Shapps announced today.
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SME Brexit Support Fund to Be Administered by PricewaterhouseCoopers

Posted: 11 February 2021
The SME Brexit Support Fund could give SMEs new to importing or exporting up to £2,000 to help with training or professional advice, if they have up to 500 employees and no more than £100 million annual turnover.
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