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Reduce risk of using tax avoiding umbrella scheme

Reduce risk of using tax avoiding umbrella scheme

Check how to reduce your risk of using an umbrella company who operates a tax avoidance scheme HMRC has updated its guidance for companies using temporary labour to reduce the risk of using an umbrella company that utilises tax avoidance schemes. If you operate an...

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£800 million Reinsurance Scheme opens for live events

£800 million Reinsurance Scheme opens for live events

The government has opened a £800 million Reinsurance Scheme to cover live events against cancellations stemming from the COVID-19 pandemic. The live events sector is worth more than £70 billion annually to the UK economy and supports more than 700,000 jobs, including...

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COVID-19 sick pay rebate scheme closed in September

COVID-19 sick pay rebate scheme closed in September

The government’s scheme that enables small businesses to recoup statutory sick pay costs caused by COVID-19 closed at the end of September. Legislation ending the Coronavirus Statutory Sick Pay Rebate Scheme (SSPRS) was laid before parliament on 9 September. Before...

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Chancellor warned of redundancies as furlough scheme ends

Chancellor warned of redundancies as furlough scheme ends

The government’s Coronavirus Job Retention Scheme (CJRS) ended on 30 September after supporting millions of workers during the pandemic. The government said the wages of more than 11 million people were subsidised for at least some of the scheme’s duration at a cost...

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Chancellor to deliver Autumn 2021 Budget on 27 October

Chancellor to deliver Autumn 2021 Budget on 27 October

HM Treasury has announced that Chancellor Rishi Sunak will deliver the Autumn 2021 Budget on Wednesday 27 October. On 7 September the Chancellor launched Spending Review 2021, which will conclude on 27 October and will be presented alongside the Autumn Budget. The...

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Government invests £500m in Plan for Jobs expansion

Government invests £500m in Plan for Jobs expansion

The Chancellor Rishi Sunak announced on Monday 4th October that the government will be investing £500m in an expansion of the Plan for Jobs scheme. Hundreds of thousands of people should benefit from this increase in public support. Specifically, the scheme will...

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Why accountants are in “hot demand” post-pandemic

Why accountants are in “hot demand” post-pandemic

Why accountants are in “hot demand” post-pandemic An extensive study by Robert Half International, a global human resource consulting firm based in California which is credited as being the world's first and largest accounting and finance staffing firm, has found that...

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