Draft legislation implements requirement for “mandatory independent scrutiny” of pre-pack administration sales

26th February 2021

New legislation will require independent scrutiny of pre-pack sales where connected parties are involved, it has been announced.

Small businesses handed £7.8 billion through local authority grant schemes, figures reveal

25th February 2021

More than £7.8 billion in grant funding has been delivered to small businesses through local authority grant schemes, […]

VAT Deferral New Payment Scheme goes live

24th February 2021

HM Revenue & Customs (HMRC) has announced that its online VAT Deferral New Payment Scheme is now open […]

Budget 2021: Hospitality businesses call for extended VAT cut

22nd February 2021

Due to the prolonged impact of coronavirus on the hospitality industry, firms within this sector urge Chancellor Rishi […]

Self-Assessment late payment penalties relaxed but interest still accrues

22nd February 2021

Following HM Revenue & Customs’ (HMRC) announcement that it is waiving late filing penalties for Self-Assessment taxpayers who […]