Latest tax, accounting and business news
May, 2020
Coronavirus: Could taxes rise in the UK?
Nimesh Shah joins a live debate with the Financial Times
Latest News
19 May 2020Coronavirus: Could taxes rise in the UK?
Nimesh Shah joins a live Q&A and debate with the FT's finance editor Claer Barrett, click to watch the video.
18 May 2020Government Bounce Back Loans for SME’s are not working
Many SMEs, which are keeping up to 16 million people employed in the UK, are struggling to access the Government’s Bounce Back Loan Scheme.
18 May 2020Self’s assessment: should the government support tax avoiders?
Should tax avoiding businesses be denied government support under COVID-19 schemes?
13 May 2020The Government now needs a new approach to help business and additional measures should to be introduced
The Government now needs to provide different support to businesses, so they can emerge from recession, says Milan Pandya.
12 May 2020Extension to Furlough Scheme could cost the Government £70 billion
In an unexpected move, the Chancellor has extended the current Furlough scheme until the end of October.
12 May 2020Guidance for key workers – tax relief for uniforms and PPE
There is the opportunity for NHS workers to claim some tax relief on PPE and uniforms.
11 May 2020The Government needs to provide more tax relief for those working from home
The Government should recognise this by providing the appropriate tax relief for such workers, says Nimesh Shah.
11 May 2020Targeted Relief for business must remain in place
The Government must ensure that targeted relief for business and the self-employed remains, says David Hough.
07 May 2020VAT changes proposed from 1 January 2021 for consumer sales purchased from overseas sellers
HMRC has announced that it will abolish the LVCR with effect from 1 January 2021.
07 May 2020Coronavirus Business Interruption Loan Scheme
The top ten frequently asked questions about the Business Interruption Loan Scheme
06 May 2020The Chancellor needs to reduce furlough expenditure – what are his options?
As the cost of running the furlough scheme heads towards £50bn, the Chancellor needed to look at how cost could be reduced.
05 May 2020What could/should the Chancellor do in the next month?
Genevieve Morris on what the Chancellor could/should do in the next month.