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: Coronavirus: essential updates for accountants, tax advisers and auditors - Part 1
16 November
Five furlough changes you need to know
FRC outlines expectations for 2020/21 reporting
13 November
FRC wants auditors to 'redouble' efforts to improve quality
12 November
Remote worker tax to help lower-paid employees
11 November
Covid-19 puts self-employment on downward trend
ICAS proposes three-month waiver for late filing penalties
Late payment risk as pandemic takes toll
9 November
Urgent calls to help millions of excluded self employed
Over £1bn of fraudulent bounce back loan applications
Pandemic sees living wage rates hike
Covid-19 hits HMRC customer response levels
5 November - Furlough scheme extended to end of March
Furlough scheme extended to end of March
Bank of England provides £150bn Covid boost
HMRC announces coronavirus fraud arrests
4 November
UK drops from fourth to seventh place for aerospace investment
Shareholder participation up at virtual AGMs
3 November
More Covid support for self employed with 80% grant boost
2 November – Second national lockdown announced, furlough extended
England under national lockdown from 5 November
Furlough scheme extended for a month
Covid pushes business borrowing up five-fold
30 October
UK hits 96,000 new infections per day
670,000 CVS uploaded as furlough closes
29 October
Germany, France re-impose Covid lockdowns
Business distress levels at three-year high
28 October
Chancellor to hold Spending Review late November
Ending of Covid support hikes unemployment levels
27 October
Call for changes to ‘inflexible’ business rates
Childcare support eligibility extended
Crown preference will knock out rescue finance
Q&A: statutory sick pay for a new starter
26 October
Covid-19 spurs working from home tax relief claims
NAO warns of job scheme risk and eligibility concerns
23 October
Make sure holiday and redundancy pay add up under CJRS
Accountants prioritise wellbeing
Covid drives FS sector home working
22 October – Chancellor Rishi Sunak announces new job support package
Covid job support package enhanced to match new restrictions
21 October
Deloitte to close four offices
Profit warnings soar as businesses struggle
20 October
Greater Manchester to enter Tier 3 without Covid support deal
Wales, Ireland opt for tighter Covid-19 measures
CFOs predict recovery not till summer 2021
Q&A: homeworking tax implications
19 October
Furlough cash: personal risks loom for PAYE/NIC payment failure
Government plans to ensure cash remains available
16 October
Relocating Scots warned about tax implications
KPMG delays results in face of ‘significant uncertainty’
Brexit and Covid-19 should not deter investment into UK
15 October – London to enter tier 2 of lockdown system
London will move into lockdown level 2
Lack of Covid support schemes hits travel sector
UK economy facing ‘prolonged’ disruption
Free CVA form for SMEs launched
Crisis fuels boardroom battles and executive departures
14 October
HMRC opens portal for WFH expenses claims
13 October
One week until ‘gloves off’ HMRC furlough investigations
Q&A: temporary rate-reduction and multiple-dwellings relief
12 October - PM announces three tier lockdown system
Job support scheme expanded, three tier lockdowns to come
AIM bounces back to pre-Covid highs
HMRC warns university students over tax scams
8 October
HMRC investigates furlough fraud as potential £3.5bn is lost
7 October
Government risks £26bn losses from bounce back loan scheme
‘Virtual’ AGMs threat to shareholder input
How to avoid post-crisis legal fights
6 October
Guidance on furlough job retention bonus
Questions remain over interruption insurance ruling
5 October
Nearly 16,000 cases added after IT error
Self assessment ‘time to pay’ threshold raised to £30,000
Covid hits Brexit business planning
Pandemic changes retirement plans
2 October
Tougher action planned on late payment
CFO role gains importance in pandemic
1 October
Covid-19 impacts Deloitte’s growth
What’s Inside France’s Covid Recovery €100bn Plan?
Warning of fraud risk in Covid-19 business loans
30 September
29 September
HMRC sees rise in Coronavirus tax scams
Covid travel ban forces training college collapse
28 September
Investors remain cautious after lockdown
25 September
24 September – Autumn Budget cancelled – winter economy plan set
Sunak announces new job support scheme
Gig workers face disguised lay-off threat
23 September
Call for joined up tax reporting deadline extensions
22 September – Boris Jonson announces new restrictions for six months
PM: six new Covid restrictions for the next six months
U-turn on return to work plans
21 September
UK risks 49,000 cases a day unless infection rates slow
£500 self isolation payments for lower income employees
Pensions Regulator removes DC reporting exemptions
Government urged to extend furlough support
18 September
Call for Treasury to ensure cash access
17 September
Infection rates see government mull Covid lockdown
How remote working poses fraud threat
Pandemic support suppresses insolvency rates
16 September
FCA wins landmark business interruption insurance case
Furlough numbers fall, unemployment rises
Pandemic sees ‘bot’ cyber-attacks on financial services increase
Half of internal audit functions affected by coronavirus redeployment
Coronavirus set to increase M&A disputes
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
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
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
Rishi Sunak announced furlough and self employment support scheme amendments (which includes part time furloughed working and a second grant for self employed)
Link: Coronavirus: essential updates for accountants, tax advisers and auditors - Part 1
