HM Revenue and Customs (HMRC) has updated the Advisory Fuel Rates (AFRs) which come into effect on 1 December 2020, for company car drivers requiring fuel costs from their employer. However, you can use the previous AFRs for up to one month from the date of the new rates.
On 12 November 2020, the details of the proposed Small and Medium-sized Enterprise (SME) Cap, which is due to come into effect on 1 April 2021, was published.
According to HM Revenue and Customs (HMRC), more than £215 million of Coronavirus Job Retention Scheme (CJRS) payments have been willingly returned to the Government by UK firms, out of £35.4 billion worth of claims up until 16 August.
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned businesses to get “their data right” or face delays receiving grants under the Coronavirus Job Retention Scheme (CJRS).
According to the latest figures from HM Revenue & Customs (HMRC), only a quarter of eligible businesses in the hospitality sector have signed up to the new ‘Eat out to help out scheme’.
Businesses affected by the COVID-19 pandemic are being urged to request a Companies House filing extension before the deadline.
With the payroll year-end fast approaching, you must ensure that your business is complying with the necessary payroll obligations.
According to new research, UK based small and medium-sized enterprises (SMEs) are missing out on thousands of pounds each month due to a lack of online presence.
A nationwide programme has been launched by high street bank TSB in a bid to help improve the digital expertise of small business owners.
Members of the Federation of Small Businesses (FSB) have called for an “end” to late payments as they continue to threaten the survival of businesses up and down the country.