Business News

The latest Business and Finance news making the headlines in the UK

HMRC publishes guidance on claiming Job Retention Bonus

HMRC recently published guidance on the eligibility requirements for the Job Retention Bonus.

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SME manufacturing activity plummets, says CBI

SME manufacturing output volumes fell at the fastest rate on record, according to the latest quarterly Confederation of British Industry (CBI) SME Trends Survey.

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FSB calls for further help for employers as furlough wind-down begins

The Federation of Small Businesses (FSB) has called for the government to provide further help to employers as the Coronavirus Job Retention Scheme (CJRS) begins to be wound down.

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Data reveals significant decrease in inheritance tax receipts

Data published recently by HMRC has revealed that there has been a significant drop in inheritance tax (IHT) receipts.

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More firms to benefit from CBILS following changes to loan rules

Changes to state aid rules mean that more small businesses can benefit from the government's Coronavirus Business Interruption Loan Scheme (CBILS).

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HMRC sets up scheme for loan charge refunds

HMRC has published details on its refund scheme for taxpayers who made voluntary payments of income tax or national insurance prior to a change in the rules regarding the loan charge.

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Mixed picture for retail sector, CBI finds

Retail sales were broadly flat in the year to July despite three months of sharp declines, according to the monthly Distributive Trades Survey published by the Confederation of British Industry (CBI).

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Treasury publishes call for evidence on administration of pensions tax relief

The Treasury has published a call for evidence on the administration of pensions tax relief.

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Public warned to watch out for top coronavirus scams

Fraudsters are exploiting people's financial concerns during the coronavirus (COVID-19) pandemic, UK Finance has warned.

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Lawrence Grant

We are a member firm of the Institute of Chartered Accountants of England & Wales (ICAEW). Registered to carry on audit work in the UK and Ireland. Our Insurer is Prosure Solutions (per W R Berkley , and IGI), 34 Lime St, London EC3M 7AT (worldwide, excluding North America). Also an independent member of GGI, a multidisciplinary worldwide association of accountants, tax consultants & lawyers.