FINANCIAL SERVICES

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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Job Retention Bonus Set to Benefit Millions of Businesses

Posted: 2 October 2020
The Job Retention Bonus, worth up to £9 billion, will support millions of employers who have kept on furloughed workers.
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Government Announces Extension of SEISS Grants

Posted: 24 September 2020
Rishi Sunak has outlined additional government support to provide certainty to the self-employed impacted by coronavirus across the UK.
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Winter Economy Plan to Support More Businesses In Coming Months

Posted: 24 September 2020
Central to the plan is a new Job Support Scheme, extension of Self Employment Income Support Scheme, and flexibility for over one million businesses to pay back loans.
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A New Job Support Scheme to Run from 1 November

Posted: 24 September 2020
The scheme will protect viable jobs in businesses who are facing lower demand over the winter months due to coronavirus.
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Extended Tax Cuts and Deferrals to Help Struggling Businesses

Posted: 24 September 2020
The temporary 15% VAT cut for the tourism and hospitality sectors will be extended to the end of March next year.
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Coronavirus Loan Schemes and Future Fund Extended to 30 November 2020

Posted: 24 September 2020
The Chancellor of the Exchequer has today extended the government’s three Coronavirus business interruption loan schemes and the Future Fund and set out new Pay as You Grow measures for borrowers.
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EY: How to prepare for Brexit in 2021

Posted: 15 September 2020
With over 100 days until the UK’s planned withdrawal from the EU, financial services firms need to be prepared for a no-trade deal Brexit.
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Chancellor's Plan for Jobs to Spur UK’s Recovery from the Pandemic

Posted: 8 July 2020
The plan for jobs is the second part of a three-phase plan to secure the UK’s economic recovery from coronavirus.
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Companies Will Be Given More Time to File Accounts

Posted: 26 June 2020
Corporate Insolvency and Governance Bill receives royal assent.
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Businesses Can Secure Investment for Innovative Projects via Future Fund till September

Posted: 20 May 2020
The government’s £500 million Future Fund opens for applications today, with innovative and high-growth British businesses being able to secure investment to help them through the Coronavirus outbreak.
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CJRS: How to Work Out 80% of Employees’ Wages, NI and Pension Contributions

Posted: 16 May 2020
HMRC updated their CJRS guidance. Learn how to work out 80% of your employees' wages, National Insurance contributions and pension contributions.
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Furlough Scheme Extended Until October

Posted: 13 May 2020
From August, furloughed workers will be able to return to work part-time with employers being asked to pay a percentage towards the salaries of their furloughed staff.
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£171,000

Posted: 28 April 2020
The average value of a Coronavirus Business Interruption Loan Scheme (CBILS) loan stands at £171,000.
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New Bounce Back Loans Scheme for SMEs to Be Launched Next Monday

Posted: 27 April 2020
Small businesses will be able to borrow between £2,000 and £50,000 and access the cash within days.
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