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Latest tax, accounting and business news

May, 2020

Government could lose millions of pounds to fraudsters

The Government’s plans to widen the Job Retention Scheme to include part-time working could see widespread abuse and fraud, says Simon Rothenberg.

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27 May 2020

Government could lose millions of pounds to fraudsters

The Government’s plans to widen the Job Retention Scheme to include part-time working could see widespread abuse and fraud, says Simon Rothenberg.

26 May 2020

Job Retention Scheme – expatriates and international employees

Important considerations for expatriates on the Coronavirus Job Retention Scheme

22 May 2020

The high street will never be the same again

Retail figures for April released by the Office for National Statistics today highlight how much retailers need to change the way they do business.

22 May 2020

Pressure building for Stamp Duty fix

Stamp duty receipts show the impact of the frozen housing market.

22 May 2020

Government statistics show that more is paid out in VAT than received

For the first time in history the Government has paid out more in VAT than it collects.

21 May 2020

UK employees who agreed to waive salaries during the pandemic could now face tax bills

Thousands of UK employees who have agreed to waive salaries or bonuses to help their employers during the pandemic could now face tax bills.

19 May 2020

Future Fund may not help many companies and smaller businesses could be left behind

The Governments ‘Future Fund’ to provide funding to innovative companies with high potential may benefit very few, says David Hough.

19 May 2020

Coronavirus: 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 2020

Government 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 2020

Self’s assessment: should the government support tax avoiders?

Should tax avoiding businesses be denied government support under COVID-19 schemes?

13 May 2020

The 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 2020

Extension 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.