Supreme Court Tells Insurance Companies To Pay Claims Over Covid
Thousands of businesses are to receive payouts for losses from the covid-19 pandemic after the Supreme court has set out when insurance claims should be paid. The Supreme court has upheld the arguments that have been made by the financial regulator and dismissed those...
No Fine If Covid Makes You Miss Your Tax Return Deadline
You will no longer be fined for filing your tax return late if your business has been affected by coronavirus. These new rules will benefit millions of workers and will alleviate some pressure off many individuals. Those affected businesses that will not be able to...
The Chancellor announces £4.6 billion in new lockdown grants to support businesses and protect jobs.
Following news last night (4 January) that the UK will be placed in another national lockdown, the government have announced that they will be offering new lockdown grants to support businesses and protect jobs over the coming months. Businesses across the...
HMRC reject calls to relax tax return deadline
HMRC has rejected calls from professional bodies to relax the self assessment filing deadline. Penalty notices will be issued as usual to all who file late but more time will be allowed to appeal. The Institute of Accountants in England and Wales (ICAEW) have reported...