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What’s happening?

Here you can keep up to date with our latest news, as well as the latest goings-on in the world of accounting.

The government has published further information on redundancy, one for employers and one for employees.  The fact sheet for employers provides guidance on the support and information available to them from the government’s free “Ra... Read More

The government has announced that disabled workers who are working from home during the coronavirus pandemic can now benefit from financial support following an extension to the Access to Work scheme.  Workers can now apply to the Access to Wor... Read More

At the end of July, the government announced £20m of new grant funding was to be allocated to Growth Hubs, specifically to help smaller businesses that have been negatively impacted by the COVID-19 pandemic to access much needed professional su... Read More

The settlement rules are intended to prevent an individual from gaining a tax advantage by entering into arrangements which divert his or her income to another person who is liable at a lower rate of tax or is not liable to Income Tax. Where a... Read More

HMRC has released the latest bi-monthly issue of the 'Agent Update' publication which includes summaries of recent changes and updates that have been announced. The document, that is aimed at taxation and accountancy practitioners, inclu... Read More

There are special rules that apply when a property is let at less than a commercial rate or is not let on commercial terms. These rules also apply if a property is occupied rent free or at less than a commercial rate, for example, a property is... Read More

The length of time you intend to export your car from the UK will determine declarations that you will need to make to the UK authorities and to overseas customs. It will also play an important role in determining the documentation that will be... Read More

The government has announced a further four-week extension to the eviction ban for tenants affected by the Coronavirus pandemic. This means that landlords in England and Wales will be banned from evicting tenants until at least 20 September 2020... Read More

The Eat Out to Help Out scheme to encourage the struggling restaurant sector was announced as part of the Chancellor’s Summer Economic announcements. The scheme was designed to help restaurants recover from the effects of the lockdown and has b... Read More

Children born after 31 August 2002 and before 3 January 2011 were entitled to a Child Trust Fund (CTF) account provided they met the necessary conditions. These funds were long-term saving accounts for newly born children. The first of these children... Read More

The driving test online booking service reopened on Friday 21 August and then crashed due to the unexpected demand for places. By 8pm that evening the site had been visited seven million times. In a recent announcement the Drivers and Vehicles Stand... Read More

Small firms have borrowed more than £14bn under the scheme since it was launched on 4 May 2020.Businesses can borrow up to 25% of their turnover up to a maximum of £50,000. The loans are interest free for the first twelve months and are underwritten... Read More