News

Losses from pension fraud rose to £1.8 million in the first three months of this year, according to figures from Action Fraud.

The fourth Self-Employed Income Support Scheme (SEISS) grant is now live and HMRC has set out the penalties for abuse of the scheme.

Employees who are working from home will need to make new claims for tax relief for the 2021/22 tax year, HMRC has stated.

On 19 April, a government-backed mortgage scheme to help people with 5% deposits get on to the housing ladder was made available to lenders.

The Confederation of British Industry (CBI) has urged the government to extend the Kickstart Scheme to help young people who are bearing the brunt of the subdued job market.

The Association of Independent Professionals and the Self-Employed (IPSE) has stated that the recent changes to the rules relating to off-payroll workers, commonly known as IR35, ‘undermine the self-employed at the worst possible time’.

On 6 April, the Recovery Loan Scheme (RLS) was introduced to replace the government’s coronavirus lending schemes.

News Grants for Local Businesses The Government has provided the council with £3.1 million to be used to support businesses up until March 2022. After considering the guidance provided by Government, Dacorum Borough Council has decided to use most of this funding to provide direct grant support to local businesses, and to allocate £300,000 to…

House sales rise following the introduction of stamp duty holiday The government has announced:   a rise in sales supports nearly three quarters of a million jobs in the sector – with new homeowners also spending extra cash on decorating, furniture and appliances   a 30% boost in output in July for the construction sector…

Covid-19: Delay to VAT reverse charge on construction services The change was originally scheduled to come into effect from 1 October 2019, but was then deferred for 12 months, after industry bodies and accounting specialists highlighted concerns about lack of preparation and the impact on businesses. Now the start date has been put back from…