To assist accountants, tax advisers and auditors in dealing with the coronavirus crisis, all our related covid-19 coverage will be available here as soon as new announcements are made, plus expert analysis
For the latest breaking news stories and analysis, plus subscriber-only premium content and Q&As on dealing with covid-19, this is our dedicated Accountancy Daily Coronavirus News Hub, brought to you by the team of experts at Accountancy Daily, Croner-i, Croner Taxwise and BrightHR.
Sign up here to register for our Accountancy Daily newsletters, weekdays at 4pm and our weekly covid-19 round-up, Fridays at 4.45pm, plus our range of Coronavirus Toolkits, Webinars and CPD Modules. To find out more, call 0800 231 5199
Due to the fast moving nature of the current Covid-19 pandemic, we are endeavouring to cover as much of the critical news as possible. Note that parliament returned as of Monday 20 April 2020 and committee hearings are being held as normal.
Link to: Coronavirus: essential updates for accountants, tax advisers and auditors - Part 2
15 September
Treasury Committee discusses tax reforms post Covid
Post-Covid global recovery underway
14 September – Ban on groups of more than 6 people socially gathering
Covid spike sees ban on groups of more than six
Two arrested on suspicion of £70,000 furlough fraud
FRC’s Lab to examine reporting on risks and uncertainties
11 September
Chancellor urged to extend furlough scheme
English football clubs financially distressed despite record £6bn revenues
What does the future hold for payroll after the Covid-19 pandemic?
10 September
Grants for businesses affected by local lockdowns
Call to extend Covid-19 insolvency protection
9 September
Covid spike sees ban on groups of more than six
SMPs continue to be a lifeline for SMEs in a post-Covid world
SDLT cuts: benefits for couples and buy-to-let
8 September – cases spike to nearly 3,000 for a second day
Covid-19 cases spike to nearly 3,000 for a second day
£3.5bn ‘at risk of furlough fraud’
Coronavirus set to increase M&A disputes
7 September
Working from home poses £15bn risk to economy
Medium-sized businesses fear post-furlough redundancies
4 September
How to play the virtual job-hunting game
Eat Out to Help Out scheme cooks up a treat
2 September
£2bn ‘Kickstart’ scheme to tackle youth unemployment
No return to pre-Covid economy before 2023
1 September
Accounting for Covid-19 Loans and Grants - CPD module
28 August
Furlough fraud: clock ticking on self-reporting inaccurate CJRS claims
Last chance to Eat Out to Help Out
Half of Financial Services workforce consider career change
27 August
Low income self-isolating payments
Tailored support for mortgage difficulties
26 August
PwC’s global revenues show Covid-19 impact
25 August
Government must tackle unexpected tax bill for NHS workers
24 August
£20m advice support for SMEs to recover from Covid-19
Higher rate pension relief threat to fund coronavirus bill
Financial services firms see profit warnings soar
21 August
PwC pushes financial results back to 2021
Eating out: what’s on the menu for struggling restaurants?
20 August
Local councils face £7bn black hole
HMRC targets 3,000 employers over CJRS claims
19 August
PwC sees important role for offices but no presenteeism
FRC amendment to IFRS 16 – Covid-19-Related Rent Concessions
18 August
80% of UK SMEs confident they will recover from Covid-19
Welsh public sector bodies urged to do more to cut fraud
17 August
Second SEISS opens as more than two million miss out
HMRC ‘plea bargain’ tax evader deals collect extra £120m
14 August
Smaller firms offer transformed career path for accountancy professionals
UK CEOs lead on Covid-19 wellbeing support
13 August
ICAEW wants Chancellor to act on job creation
A third of SMEs carried on without government support
12 August – UK official falls into recession
UK officially falls into ‘largest recession on record’
‘Bullish’ Private Equity firms set to invest despite market challenges
Tax incentives hit £25.6bn record high
11 August
Employment plummets by largest margin in a decade
FTSE finance chiefs’ pay cut by 12% as Covid-19 bites
Budgeting for health and safety upgrades
10 August
Unexpected tax bills on horizon from coronavirus grants
6 August
Follow up Covid-19 guidance for pensions administrators
Return to work: what employers and staff need to know, part 2
5 August
Mid-sized businesses have only nine months’ funding
4 August
Q&A: VAT on the Eat Out to Help Scheme
3 August
'Dramatic' plunge in corporate insolvencies
Revenue considerations for accountants and auditors - CPD module
31 July
Self-isolation period extended
Furloughed workers to get full redundancy payments
Quarter of finance teams to continue home working
30 July
Changes to small business loan rules
29 July
Eat Out to Help Out scheme launches next week
Complex admin requirements of temporary VAT rate cut
27 July
‘Millions’ slip through Covid-19 financial safety net
Record 527,000 businesses in ‘significant’ financial distress
24 July
Tax impact of Covid-19 on company cars
Covid-19: IAS 1 amendment deferred
22 July
Package holiday specialist nosedives into administration
21 July
Social distancing increases drive to digital AML
Companies need to enhance Covid-19 reporting
17 July
Accountants urged to be on guard for Covid-19 fraud
World’s millionaires offer extra tax for Covid-19
649,000 drop in employees on UK payrolls
14 July
Blick Rothenberg: Bleak winter to follow summer statement
13 July
Lockdown cracks china retailer
Last day for Self Employment scheme applications
10 July
10 lessons from first virtual year-end close
HMRC CEO’s warning over job retention bonus
First arrest over £495K ‘furlough fraud’
Tax gap of £31bn shows downwards trend
9 July
‘Amnesty’ planned for furlough breaches
Chancellor’s statement boosts training options
Impact on pensions of changes to Job Retention Scheme
Third-party failures can cost companies £783m per incident
8 July – Rishi Sunak Summer announcement
Summer update: Chancellor offers job funding, VAT cuts and eat out discounts
Chancellor urged to go further with Covid-19 support
HMRC drops benefit in kind charge on Covid-19 tests
Future Fund loans can create significant shareholder
Covid-19 impact raises insolvency warning for university sector
7 July
Chancellor’s plans to reset economy post-Covid
Opinion: Don’t bar Branson from bailouts
6 July
£1.57bn support package for arts and culture
HMRC shifts guidance on public access to national treasures
3 July
Technology and global demands drive move to strategic adviser
Support extended for motor finance and high cost credit customers
2 July
Call to review eligibility for self employed scheme support
Hidden tax risks of raiding the pension pot
Audit firms ‘respond appropriately’ to Covid-19 going concerns
FSB calls for urgent payment reforms
1 July
Flexible furlough scheme opens
Six rules you need to know: flexible furlough system
HMRC tax credits renewal ‘glitch’ warning
Calculating the Self-Employed Income Support Scheme - CPD module – NEW
30 June
Future Fund for start-ups expanded
Major corporate insolvency regime changes in force
FCA flags 85% lending scam hike
Q&A: can SME's claim R&D plus Covid-19 scheme?
29 June
Nunn: time to review pension annual allowance
KPMG called in as shopping centre giant faces financial collapse
Lockdown has highlighted UK’s widening skills gap
26 June
How to support staff mental health after lockdown lifts
UK exports likely to fall by 8% due to Covid-19
25 June
NAO offers guide on good practice in Covid-19 financial reporting
Call for carbon taxes to offset Covid-19 costs
24 June
Hidden tax perils for business debt refinancing
UK Businesses owed £133bn since lockdown
23 June – Boris Johnson reduces two meter rule to one meter from 4 July
Critical UK public health businesses protected against foreign takeovers
Q&A: reduced VAT rate for empty home conditions
22 June
Covid-19 has triggered additional stress on cashflows
19 June
‘Unprecedented’ government borrowing
Brits call for clampdown on business tax evasion
FCA extends consumer credit support
18 June
Self employed new parents can claim support grant
Bank of England injects £100bn into UK economy
HMRC clarifies repayment of corporation tax
ATT signals businesses to reinstate deferred VAT payments
17 June
IFS warns Covid-19 business support is ‘inequitable’
Home office workers risk expense claims tax trap
16 June
Jobless rates rise, business investment fall
Returning military reservists eligible for support schemes
Insolvency: changes offer options after lockdown
Clear disclosures are critical for a recovering economy
Q&A: construction reverse charge
15 June – Non-essential shops open
One million ‘locked out of support’
ICAS signals opportunity to reform complex tax system
12 June
Accounting firm numbers decline as bookkeepers boom
Call to offer relief for Covid-19 business losses
11 June
Self employed grant claimants warned of tax hit
Corporate Insolvency and Governance Bill: permanent and temporary relief
Kicks £1bn hole in football league finances
10 June
Furlough extended for parents on statutory leave
£38m debt advice support package
9 June
Q&A: temporary OTT notification extension period
Accounting for VAT extension for construction businesses
Action urged on £107bn ‘unsustainable’ business debt
8 June
Job Retention Scheme cut-off in two days
Charities seek social investment tax relief extension
5 June
Delay to VAT reverse charge on construction services
Furlough scheme costs 30% less than estimates
4 June
£10bn trade credit insurance confirmed
IoD wants ‘student loans’ to help SMEs post-Covid
CIOT calls for property sales tax change
3 June
ICAEW predict a strong economic rebound
Call to end ‘thuggish’ letters for problem debt
2 June
FCA identifies insurers for business interruption court case
Q&A: homeworking expenses claim
EIS clampdown sees £200m drop in funding
1 June
Furlough and self employment support schemes amended
Consultation on taxation of coronavirus support grants
Furlough and self-employment support scheme amendments which include part-time furloughed working and a second grant for self employed (Rishi Sunak announcement)
29 May
Money laundering supervision deferral
Do not let home working be a pain in the neck
Pandemic to disrupt home/office work patterns
FCA confirms extra time for half yearly reports
28 May
Surge in HMRC asset seizure orders
Assessing the office risks for returning staff
ICAEW and ICAS going concern guidance
27 May
FTSE 100 pensions ‘in best position’ pre-Covid
26 May
Coronavirus sick pay scheme opens for applications
One chance for post-pandemic tax reform
22 May
VAT on PPE donated to healthcare charities
Property transactions slump by half
Mental health concerns for accountants and SMEs
Impact of gender pay reporting delay
21 May
Amendments to insolvency and company law
Remortgage applications up 110%
Self assessment payment deferrals
20 May
EY to split out audit governance
Pensions accounting just got a lot harder
19 May
Business loan scheme extended to £200m
HMRC to launch Coronavirus Statutory Sick Pay Rebate Scheme
Business disruption and frustration of contracts
Q&A: restaurants providing delivered takeaway
18 May
FCA seeks business interruption insurance ruling
HMRC inheritance tax pause opens opportunity
New insolvency rules will ease wrongful trading woes
15 May
£1.6bn package for Transport for London
Over-55’s exposed to pension scams
14 May
Temporary changes to tax-free childcare
How to reawaken your business after hibernation
64% of SMEs unable to pay deferred tax
Furlough scheme extension could cost £70bn
Rules on home office expenditure relaxed
13 May
Auditors face challenge of evidence, scepticism and fraud
Self employed scheme opens early
Trade Credit Insurance guarantee
12 May
Furlough scheme to run till October
European Commission delays tax avoidance measures
Q&A: property rental tax points and unpaid rents
11 May
Government reveals recovery strategy
Corporate insolvencies fall in April
Lessons from construction collapses
10 May
'Stay alert' 'Control the virus' 'Save lives' (Boris Johnson easing lockdown announcement)
7 May
UK ‘on course for fastest recession for a century’
Furlough application mistakes risk HMRC bills later
Top tips for dealing with anxiety
ACCA offers remote exam-taking
6 May
Nunn: HMRC should delay principal home CGT changes
CFO business confidence hits record low
5 May
Help for self employed launches
inconsistent VAT reliefs create business confusion across EU
Extra funds for fixed property-related costs
4 May
Bounce back loans launch for small business
FCA wants clarity on business interruption insurance
£100m VAT cut on protection equipment
1 May
Partners’ future under spotlight during crisis
Scrapping VAT on e-publications fast-tracked
30 April
Pensions regulator calls for collaboration in recovery
Travel restrictions impact tax residence
29 April
Tax consultation deadlines extended
EU eases up on banking accounting rules
Charities can claim gift aid on cancelled event tickets
28 April
£50k ‘bounce back’ loans for small businesses
‘Systemic shock’ to audit client engagement
Call to align top exec pay with workforce experience
£60k benefit for fallen NHS worker families
27 April
Measures to prevent aggressive rent collection and closure
24 April
What you need to know about auditing in a pandemic
How to manage financial year end work
Rayney on furlough - does it make sense for all businesses?
BrightHR launches Furlough Navigator to support UK businesses
Accountex show leads the way to virtual summit
23 April
Airline Insolvency Review needs sustainable focus
22 April
Branson told BVI lockdown hideaway not a collateral asset
Denmark and Poland ban covid-19 grants for multinationals based in tax havens
Lessons from construction collapses
21 April
Grant Thornton makes cuts and forecasts 20% profit drop
Top tips: furlough and the Coronavirus Job Retention Scheme
£10m for fishing and aquaculture
Car finance help for consumers
20 April
HMRC emails two million eligible businesses login details for furlough portal
Future Fund for 'innovative' companies with matched state funding
EU sketches out plans for ‘massive recovery package’
Loan guarantee scheme extended to cover all larger firms
18 April 2020
Coronavirus Job Retention Scheme furlough rules – 80% rules goes live at 0800 for online submissions
17 April 2020
HMRC emails two million eligible businesses login details for furlough portal
Government extends furlough end date to 30 June at £50bn cost
Smith & Williamson merger with Tilney threatened by covid delay
EY cuts partner pay by 20% to prevent furloughing staff
Confusion over private school fees and covid-19 lockdown closures
16 April
BDO furloughs 700 and cuts partner pay by 25%
Deloitte freezes salaries, defers partner payouts
Top tips: furlough and the Coronavirus Job Retention Scheme
FCA remodels business plan to address coronavirus challenge
Higher rate child benefit - remember to claim if you're on furlough with reduced salary
15 April
Furlough start date extended to 19 March
Covid-19: what's the exit strategy? We ask accountants what they think
Salary sacrifice agreements can be altered as C19 deemed 'life event'
OBR predicts 35% GDP contraction with worst recession since 1701
More lenders accredited for small business loan scheme
14 April
HMRC clarifies MTD for VAT deferral reporting process
Post Office delays Horizon ‘fraud’ compensation due to the virus
Q&A: is there any help for owner managers of limited companies?
9 April
Q&A: 80% furlough rules and zero hours workers [published 9 Apr 2020]
£750m extra funding package for frontline charities working with vulnerable groups
Bank of England to underwrite government overdraft via Ways and Means facility
How to register for child benefit for new born babies
8 April
HMRC launches beta testing for 80% furlough portal, Harra tells MPs
MTD technical guidance being rewritten for VAT deferral
Tips and advice: directors’ duties and responsibilities in the age of covid-19
Government lending schemes create ‘cliff edge’ for business
Insurers cave in to demand to delay dividend payments
7 April
Top 10 tips: employee expenses during coronavirus homeworking
Financial support for Northern Ireland businesses and employers
6 April
Coronavirus large business interruption loan scheme (CLBILS) launched
80% rules allow training, volunteering and even second jobs
Zero hours PAYE employees entitled to 80% furlough scheme
3 April
Coronavirus business interruption loan scheme (CBILS) amended
Taxpayers affected by loan charge given ‘special arrangements’ by HMRC [updated]
Football clubs fight to keep going as grounds remain closed [updated]
British Airways furloughs 30,000 and puts pilots on half time
Bus services support grant launched
Finance Mole: learning to deal with lockdown
2 April
Public sector contractors given access to 80% furlough scheme
Electronic signatures and witnessing practicalities when isolating
FCA consults on three-month loan and credit card payment freeze
1 April
HMRC delays MTD ‘digital links’ Excel deadline
Banks suspend £15bn in dividend payments
Duties and VAT waived on vital medical imports
31 March
Grant Thornton plans to put staff on reduced hours
HMRC clarifies self assessment tax payment deferral
Guidance on small business and retail sector grant schemes [updated]
EU Tax Authority tracker monitors cross-border covid-19 VAT changes
Returning NHS workers targeted by tax avoidance scammers
30 March
Coronavirus Act 2020 allows for HMRC extended powers
Coronavirus Job Retention Scheme - government will pay employer NICs
Limited company directors have limited support under covid-19 measures
Insolvency rules to be relaxed, initial announcement
Annual leave rules will allow temporary two-year holiday rollover cycle
27 March
Q&A: Self-employment Income Support Scheme
Partnerships offered income support
Contractors ‘fall through cracks’ in support
Changes to stamp duty payments process on share sales
Accounting and tax institutes cancel exams
26 March
Self employed package hints at future tax equity
HMRC changes coronavirus business helpline number to increase capacity
Self employed will receive 80% package financial support [updated technical guidance]
Chancellor finalising package of financial support for self-employed
Q&A: Coronavirus Job Retention Scheme and furlough
Users of VAT deferral should review direct debits to HMRC
FTSE audit partner tenure extended
Regulators issue joint guidance on financial reporting and audit requirements
IoD seeks insolvency relaxation
Taxpayers urged to weigh up savings withdrawals
Revised investment reporting standards delayed to September
Government demand for March beer duty payments ‘disappointing’
25 March
HMRC looking to deploy more staff to business helpline
Warning on scammers and abuse of government schemes
Bank card contactless limit increased
FRC considers delay to audit quality inspections
Expat US taxpayers can defer federal income tax filing to 15 July
Business rates holiday extended to estate agents and bingo halls
Gender pay gap reporting suspended
‘Your NHS needs you’ to volunteer
24 March
80% rule salary payments liable for income tax and NICs [updated technical guidance]
Q&A: what does UK lockdown mean for employers?
Non-essential shops closed but not exhaustive list
Covid Corporate Financing Facility available
Sick pay to be refunded to small businesses
Moratorium on evictions by commercial landlords
Expats and non doms can claim ‘exceptional circumstances’
Urgent government action needed to support self employed
UK GDP to drop 2.6% before 2021 recovery
HMRC cuts interest rate for late/early payments
23 March
Accountancy firms activate agile working as office premises close
Companies risk breaching banking covenants
Government to pay 80% of salary for furloughed workers [updated technical guidance]
Coronavirus Business Interruption Loan Scheme open for applications
VAT payments deferred for three months
Six month deferral on self assessment payments
FCA implements two-week moratorium on FTSE corporate reporting
Companies House extends accounts filing deadline [updated 25 March]
Businesses rally to support NHS workers
Online coronavirus isolation notes for absence from work
Government to take over rail franchises
20 March
Chancellor sets out radical employment support package to protect jobs
Coronavirus Business Interruption Loan Scheme hiked to £5m
HMRC needs to ramp up covid-19 time to pay guidance
Bank of England advice on liquidity reporting under IFRS 9
Rail services cut in response to covid-19
19 March
Q&A: coronavirus and statutory sick pay
Chancellor tells MPs business loans effective 'beginning of next week'
Bank of England cuts base rate to 0.1%
Chancellor convenes emergency meeting with business groups and unions
London’s transport network cut back in face of coronavirus
Schools to close from Friday [updated 20 March]
18 March
£330bn ‘unprecedented’ coronavirus emergency fund
IR35 private sector reforms delayed until 2021 (updated guidance issued 3 Apr 2020)
Covid-19 sees companies develop AGM contingency plans
17 March
Covid-19 measures pose ‘catastrophic’ challenge for leisure industry
Regulator offers filing extension for charities affected by covid-19
16 March
Accountants activate covid-19 contingency plans
FRC advice for auditors and financial reporting
13 March
Coronavirus forces organisers to postpone Accountex exhibition
11 March (Budget 2020)
Budget 2020: HMRC coronavirus helpline set up
Budget 2020: measures to help business fight coronavirus
Budget 2020: tax announcements at a glance
Budget 2020: coronavirus business interruption loan scheme
Coronavirus toolkit: FAQs for employers
10 March
Coronavirus: what internal auditors need to know
9 March
Sunak Budget overshadowed by coronavirus
5 March
Bank of England cuts base rate to 0.25%
Regulators review reporting deadlines to mitigate coronavirus
4 March
Marshall: impacts of coronavirus on financial reporting
Statutory sick pay three-day limit lifted for covid-19
2 March
18 February
FRC issues first warning on coronavirus risk to audits in China
