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Staff shortages leave food manufacturers looking for inmates to cover work
Aug 23, 2021
Food manufacturers in desperate need of workers are pleading for the UK Government to enable the companies to use prisoners to solve the staff shortage disaster - a fault of Brexit and COVID-19. A call is due between the Ministry of ...
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Sole traders “disproportionately impacted” by coronavirus pandemic
Aug 19, 2021
Just four in 10 sole traders have returned to pre-pandemic levels of trading despite Covid-19 restrictions being lifted, a major study has revealed. The report comes after the Government revealed that the smallest of businesses could pay more tax next year. The ...
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Staff shortages: increased wages to entice workers could mean higher prices for customers
Aug 16, 2021
Due to the ongoing staff shortages caused by the pandemic, UK restaurants have had to increase employee wages to entice chefs and waiters - which could mean higher prices for customers. According to recent data, four of the biggest UK restaurant ...
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Businesses urged to “get to grips” with new Patent Box regime as grandfathering rules come to an end
Aug 12, 2021
Businesses should “get to grips” with new Patent Box rules or risk missing out on corporate tax relief, a major regulator has warned. The new guidance, published by the Institute of Chartered Accountants in England and Wales (ICAEW), comes after grandfathering ...
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Labour shortages could impact UK’s economic recovery, says experts
Aug 09, 2021
A recent report on the latest business trends suggests that despite the surge of hiring among UK firms in July, the lack of working employees could still threaten the UK’s economic recovery. These staff shortages are a result of Brexit and ...
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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
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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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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