The government has a ‘limited’ grip on whether its flagship Kickstart scheme for getting young people into employment is actually working, a report has warned
A third of UK owner-managed businesses report lower cash reserves now than when going into the pandemic but a worrying percentage do not plan to pay back covid loans
The Labour Party is calling for Big Four firm Deloitte to step down from its contract with the government to provide support on test and trace at the upcoming covid enquiry
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 interruption loan scheme (CBILS)
The number of people on furlough fell to a record low during its last month of operation with a further 210,000 coming off the scheme according to the latest figures
A director has been banned for nine years and three more received extended bankruptcy restrictions after fraudulently collectively claiming £100,000 from the Bounce Back Loan (BBL) scheme
Almost a third of coronavirus business interruption loan scheme (CBILS) and bounce back loan scheme (BBLS) loans, amounting to £22bn, will go into default, claims ACP Altenburg Advisory
HMRC is contacting companies directly about their company tax returns reminding them to declare overpayments from the Coronavirus Job Retention Scheme (CJRS) or the Eat out to Help Out scheme
HRMC has issued an order to seize £26.5m worth of cash allegedly obtained fraudulently through the furlough scheme from ‘non-existent’ businesses run by an ‘entrepreneur’
Chancellor Rishi Sunak could introduce cuts worth £2bn for government departments tasked with meeting the Tories’ flagship ‘levelling up’ agenda despite the biggest tax rise in a generation
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 year
In our regular Q&A series, Croner Taxwise VAT adviser Tony Chamberlain reviews changes to the temporary reduced rate of VAT for supplies of catering, holiday accommodation and admissions to attractions from 1 October
Scotland spent an estimated £8.6bn on Covid-19 support and grants in 2020/21 in response to the pandemic but needs to manage finances carefully going forward
