General news
NFT fraudsters arrested by HMRC
Feb 14, 2022
Three people have been arrested on the suspicion of attempting to defraud HM Revenue & Customs (HMRC) for a total of £1.4 million. The suspects may have committed VAT fraud by using Non-Fungible Tokens (NFTs) for 250 possibly fraudulent companies. An ...
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Student loans: what is changing for graduates in April
Feb 01, 2022
The earning threshold for Plan 2 student loan repayments in England and Wales will remain frozen for the tax year 2022-23, it has been announced. Currently, the threshold for undergraduate loan repayments stands at £27,295 per year and will remain at ...
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Tax relief: Are you missing out on up to £2,000 a year towards the costs of childcare?
Jan 27, 2022
Workers can claim up to £2,000 a year towards childcare costs by signing up to the Tax-Free Childcare scheme, it has been reminded. HM Revenue & Customs (HMRC) said thousands of families may be missing out on free cash each month. If ...
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The economy or climate change – what are companies focused on?
Nov 10, 2021
According to a recent survey of FTSE 350 companies, British directors and heads of businesses are not only optimistic about the UK economy and its recovery, but they are also much more focused on climate change than before. Additionally, after the ...
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October: the last month to handle CJRS claims
Oct 05, 2021
As the Coronavirus Job Retention Scheme (CJRS), otherwise known as the furlough scheme, ended on 30 September 2021, October marks the last month in which employers will need to handle the related claims. What dates shall employers be aware of? 14 October ...
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Company insolvencies: over 8,700 chain stores have closed
Sep 21, 2021
Recent research shows that in 2021, over 8,700 chain stores have closed due to the major shift in online shopping - partly caused by the coronavirus pandemic. Overall numbers fell by 5,251 as the number of chain store closures outweighed the ...
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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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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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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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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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