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CHIEF service to close from March 2023, Government reveals

Aug 05, 2021

The Customs Handling of Import and Export Freight (CHIEF) system will be replaced by a single unified customs service from March 2023, it has been announced. HM Revenue & Customs (HMRC) said its replacement, known as the Customs Declaration Service (CDS), ...

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The fifth round of the Self-Employment Income Support Scheme (SEISS) is now open

The fifth round of the Self-Employment Income Support Scheme (SEISS) is now open

Aug 03, 2021

  HM Revenue & Customs (HMRC) has announced that the portal for the fifth round of the Self-Employment Income Support Scheme (SEISS) is now open. In recent weeks, the tax authority has been directly contacting taxpayers that it believes are eligible for ...

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Fewest number of workers on furlough since scheme launched last year

Aug 03, 2021

Fewer than two million employees now remain on furlough as record numbers return to the workplace, a major study has revealed. The research, published by HM Treasury, comes as the Coronavirus Job Retention Scheme (CJRS) draws to a close this September. According ...

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Digital advice hub for employers and employees launched under new National Disability Strategy

Jul 29, 2021

A new advice hub will help disabled workers understand their employment rights and support employers in delivering them, it has been announced. The service comes after the launch of the National Disability Strategy, which aims to “remove barriers faced by disabled ...

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HMRC

150,000 businesses owe HMRC £2.7 billion in deferred VAT payments

Jul 27, 2021

HM Revenue and Customs (HMRC) reported that 150,000 UK businesses have not yet made arrangements to pay back deferred VAT payments, and therefore owe the department £2.7 billion.   As of 30 June 2021, nine per cent of the total VAT deferred ...

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Capital Gains Tax (1)

HMRC helpsheet to support residential property sellers with new CGT rules

Jul 23, 2021

New guidance will help homeowners understand the implications of capital gains tax (CGT) when selling UK residential property, it has been revealed. HM Revenue & Customs (HMRC) said the new helpsheet – which can be downloaded here - will support taxpayers ...

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‘Pingdemic’ – an increase in self-isolating threatens supermarket sales

Jul 20, 2021

The NHS app has told so many supermarket workers to self-isolate that some stores are now considering reducing opening hours or closing altogether. M&S is one chain that saw a rise in employees receiving notifications and are therefore contemplating reducing hours ...

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Freedom Day – What does it mean for businesses

Freedom Day – What does it mean for businesses?

Jul 16, 2021

  From 19 July the majority of the remaining Coronavirus pandemic restrictions will end in England, with a similar reduction of measures in Wales and Scotland. Commonly being referred to as Freedom Day, this final step in reopening the economy will see ...

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Help to Grow: Management scheme now open

Jul 15, 2021

The Government’s landmark Help to Grow: Management scheme is now open for applications. The initiative offers businesses free or subsidised training to level up in the wake of the coronavirus pandemic. Here’s what you need to know. What is the Help to Grow: ...

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Corporate Insolvency and Governance Act 2020 – the changes in 2021

Jul 12, 2021

Some temporary relief measures introduced under the Corporate Insolvency and Governance Act 2020 (CIGA) are extending, the Government announced on 16 June 2021. CIGA was introduced in June 2020 to support companies facing the threat of insolvency during the height of ...

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