HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and stated that the grants and payments are taxable.
The deadline…
News
Find out all you need to know about news and events that could affect your business. Sign up for our newsletter to stay up to date with what’s going on.
Feb 07, 2022
HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and stated that the grants and payments are taxable.
The deadline…
Feb 07, 2022
The government's Help to Grow: Digital scheme – designed to support smaller businesses in adopting digital technologies – is now open for applications.
Under the scheme, eligible businesses…
Jan 13, 2022
A new Omicron hospitality & leisure grant has been launched to support coronavirus affected hospitality, leisure and accommodation businesses.
The scheme will provide eligible businesses with…
Jan 09, 2022
On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.
Mr Sunak said the…
Jan 09, 2022
HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.
According to HMRC, more than 2.7 million customers claimed at least one Self-employment…
Jan 09, 2022
Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government's financial and tax plans.
The Budget outlined the government's spending…
Jan 09, 2022
On 20 December 2021, the Welsh government outlined a Budget to 'build a stronger, fairer and greener Wales'.
The Welsh government unveiled a £116 million package of funding to aid with…
Jan 09, 2022
HMRC is waiving late filing and late payment penalties for self assessment taxpayers for one month.
The measure will give those taxpayers affected by the coronavirus (COVID-19) extra time, if…
Jan 09, 2022
More than 440,000 small firms could be forced out of business by the late payment crisis, according to the Federation of Small Businesses (FSB).
An FSB study of more than 1,200 business owners…
Stay on top of what's happening, get information, and learn about our people.
Sign up