Business News

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

AAT warns of dramatic rise in self-assessment filing

Lockdown restrictions and mounting pressure on businesses could combine to cause a 'dramatic rise' in self-assessment filing this tax year, according to the Association of Accounting Technicians (AAT).

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Government must shore up business confidence ahead of COVID-19 vaccine rollout

The government must take steps to shore up business confidence while mass coronavirus (COVID-19) vaccinations are rolled out, according to the Confederation of British Industry (CBI).

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Number of CBILS applications to rise, experts predict

The number of applications for the government's Coronavirus Business Interruption Loan Scheme (CBILS) is set to rise, experts have predicted.

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HMRC cracks down on marketing of tax avoidance schemes

HMRC has teamed up with the Advertising Standards Authority (ASA) to act against misleading marketing by promoters of tax avoidance schemes.

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Third SEISS grant opens as IPSE issues warning

The third SEISS (Self-Employment Income Support Scheme) grant opens for applications today (30 November).

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Business survival hanging by a thread in toughened tiers, warns CBI

Many businesses will struggle to survive despite the end of lockdown, according to the Confederation of British Industry (CBI).

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Chancellor presents Spending Review

On 25 November Chancellor Rishi Sunak delivered his latest Spending Review to the House of Commons, and stated that the coronavirus (COVID-19) pandemic has caused 'lasting damage' to the UK economy.

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Applicants for third SEISS grant will face new test, ICAEW warns

Applicants for the third Self-employment Income Support Scheme (SEISS) grant will face a new test as the government tightens eligibility criteria, warns the Institute of Chartered Accountants in England and Wales (ICAEW).

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ATT calls for clarity on virtual seasonal parties

The Association of Taxation Technicians (ATT) is calling for guidance from HMRC on the status of virtual office seasonal parties this year.

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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.