The scheme that was launched by the government to temporarily enable small businesses to recoup statutory sick pay costs incurred as a result of the coronavirus (COVID-19) will come to a close on 30 September. Legislation ending the Coronavirus Statutory Sick Pay Rebate Scheme (SSPRS) was laid before parliament on 9 September. Prior to the …
Coronavirus Sick Pay Rebate Scheme To End On 30 September Read More »
The unemployment rate in the UK could rise by 50,000 as a result of the increase in national insurance contributions (NICs) for employers, sole traders, and employees, according to a survey carried out by the Federation of Small Businesses (FSB) . The assessment of the potential impacts of the 1.25% increase in NICs for employers, …
NICs Rise To Cause Unemployment Rate To Increase By 50,000 Read More »
The Confederation of British Industry (CBI) has said that the UK government faces big decisions this autumn if it wants to stimulate economic growth. The Confederation of British Industry (CBI) has said that following the recent government announcement on plans to increase national insurance contributions (NICs) to support social care, UK business is clear that …
HMRC has said that families may be eligible for Tax-Free Childcare (TFC) to help pay for breakfast clubs and after-school clubs as their children go back to school. Eligible families can save money on their childcare and benefit from a government top-up worth up to £2,000 every year, or up to £4,000 a year if …
Tax-Free Childcare To Help Return To School Costs For Eligible Families Read More »
The trade body UK Finance has confirmed that the national roll-out of the new £100 transaction limit for contactless card payments will begin from 15 October 2021. Following a public consultation and discussions with both the retail and banking sectors, the decision was taken by HM Treasury and the Financial Conduct Authority (FCA) to raise …
Contactless Transaction Limit To Increase To £100 From 15 October Read More »
Taxpayers are being urged by HMRC to be alert to the threat of digital scams and scammers claiming to represent HMRC. The number of tax-related scams has doubled in the past 12 months, research published by HMRC revealed. HMRC has said that it has received more than one million referrals from the UK public in …
Taxpayers Urged To Be Alert To Digital HMRC Scams Read More »
