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Businesses to suffer if recovery loan scheme not amended

Azets has warned that businesses are to face serious funding problems unless the recovery loan scheme (RLS) is not extended and if banks continue to refuse transfers outstanding coronavirus business…
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Winding up petitions: what you need to know

Pandemic crisis restrictions are beginning to be lifted but what are the changes and what can you do if a winding-up petition is issued against your business?  Surprisingly corporate insolvencies…
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Fraud in the pandemic

The sheer scale of fraud committed during the pandemic was exacerbated by the limited level of checks when claims were made for covid grants. Kate Gee, counsel at specialist disputes…
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Right to request flexible working may be extended

The government plans to strengthen employment rights for employees from their first day in a new job and unpaid leave for working carers. The move to a more flexible, hybrid…
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Covid support measures come to an end

As the furlough scheme, temporary reduced VAT rates, and paused winding up scheme all come to an end, nearly seven in 10 employers expect to make redundancies within the next…
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Impact of increasing business taxes

The government should stop increasing taxes on businesses and jobs, as it risks derailing the economy’s recovery from the pandemic says the Confederation of British Industry (CBI).   In a…
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End of temporary insolvency measures

Temporary measures brought in to support businesses from insolvency during the pandemic will be phased out from 1 October Companies in financial distress as a result of the pandemic have…
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Finance teams could be set to go external

In-house finance teams could be a thing of the past with 33% of business leaders and employees seeing external expertise as essential for businesses to thrive after the Covid-19 pandemic.…
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End of furlough set for 30 September

HMRC has updated the guidance covering the Coronavirus Job Retention Scheme (CJRS) to include a section on what happens when the scheme ends The CJRS is due to end on…
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Impact of Covid-19 pandemic on transfer pricing

Previously accepted comparables used for establishing a company’s transfer pricing policy might not be comparable due to the impact of the pandemic, warn David Whitmer, transfer pricing practice leader and…
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