Insight / Brexit and Covid-19 should not deter investment into UK

Despite short-term issues around the government’s handling of coronavirus and Brexit negotiations, Butterfield’s Nir Sadeh believes the UK remains attractive to investors

Insight / Covid-19: London will move into lockdown level 2

The capital will move into the second tier of lockdown as of this weekend meaning millions will not be able to mix households, and public transport should be avoided, as infection rates are 'doubling every 10 days'

Insight / Lack of Covid support schemes hits travel sector

As half-term and Christmas holiday plans remain uncertain in the face of an upsurge in coronavirus infections and moves to introduce regional lockdowns, research shows the travel sector is heavily reliant on furlough scheme, with new measures failing to provide support

Insight / UK economy facing ‘prolonged’ disruption

The UK is facing a prolonged period of disruption to economic activity as the country tackles the twin challenges of the Covid-19 crisis and leaving the EU single market, an OECD report warns

Insight / Free CVA form for SMEs launched

Insolvency trade body R3 has launched a free standard form for company voluntary arrangements (CVAs), which aims to make it easier for small businesses affected by the Covid-19 pandemic to enter a CVA, by providing a foundation for directors’ proposals to be developed

Insight / Covid fraud hotline opens

A new hotline has been launched to report Covid fraudsters who make illegal claims for support

Tax / HMRC opens portal for WFH expenses claims

Over 50,000 taxpayers have used a new online portal to claim tax relief for working at home during the pandemic in the first ten days of its operation, HMRC has revealed

Tax / One week until ‘gloves off’ HMRC furlough investigations

It's only one week until the end of the 90 day period (Tuesday 20 October) for individuals and businesses to disclose incorrect furlough claims to HMRC, or risk HMRC probe

Audit / AIM bounces back to pre-Covid highs

The Alternative Investment Market (AIM) all-share index has returned to its 2020 pre-Covid highs, outperforming the FTSE all-share index, according to BDO

Insight / Job support scheme expanded, three tier lockdowns to come

With the government set to introduce localised Covid-19 lockdowns of varying severity, the job support scheme (JSS) is to be expanded to support businesses required to close their doors as a result of coronavirus restrictions

Tax / Quantum employment forcing tax and pay admin shift

The rise of the self-employed ‘quantum worker’, who takes on multiple assignments, demands a change in how businesses manage their payroll and tax management, says John Whelan, CEO of My Digital

Insight / Government risks £26bn losses from bounce back loan scheme

Business defaults and fraud could result in potential losses of £15bn to £26bn from the government’s Covid-19 bounce bank loan scheme, the National Audit Office (NAO) is warning

Insight / ‘Virtual’ AGMs threat to shareholder input

The Financial Reporting Council (FRC) says Covid-19 disruption has seen companies embrace virtual AGMs, but warns some risk disenfranching shareholders in the process

Insight / Questions remain over interruption insurance ruling

Despite the apparent clarity of the FCA’s Covid-19 business interruption insurance test case, there is still much that businesses need to do before pursuing a claim, says Menzies’ Paul Smethurst

Insight / Covid-19: guidance on furlough job retention bonus

HMRC has published guidance on how businesses can claim the government’s £1,000 job retention bonus, available to employers who keep furloughed workers on the payroll for the next three months