Spring Statement 2022 Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his Spring Statement, the Chancellor announced a cut in fuel duty for petrol and diesel as he sought to ease the...
It’s no secret that many sectors are facing severe wage inflation with many locked in ongoing battles to retain their best staff. Indeed, as the economy begins to open up as Omicron-related restrictions are eased, many legal firms in particular are facing a backlog of...
HMRC has launched nearly 13,000 investigations into alleged abuse of the government's coronavirus (COVID-19) financial support schemes. A freedom of information request revealed that, up to the end of March 2021, HMRC opened 12,828 investigations into alleged cases of...
Recent research conducted by Lumina Intelligence has found that the UK eating out market was expected to make a full recovery by the end of 2022. By the end of 2021 the UK eating out market was expected to grow by 33.4% to £63.6bn and expected to continue growing by...
The Chancellor has announced further support for the Self-Employed, by making a fourth and fifth grant available under the Self-Employment Income Support Scheme (SEISS). The fourth grant, covering the period February to April 2021 will be worth 80% of average profits...
Staying Safe Whilst Working from Home For many businesses, working from home (WFH) looks like it is here to stay even after the COVID-19 pandemic is over. Companies are typically looking at a hybrid model where staff split their week between home working and working...
This January, the Supreme Court ruled largely in favour of the Financial Conduct Authority (FCA) and businesses receiving payments from business interruption insurance policies. This verdict has been regarded as a huge win for businesses, with many suggesting that...
The Chancellor has confirmed that the following supplies will continue to be charged at 5% instead of 20% until 30 September 2021. To help businesses manage the transition back to the standard rate, a 12.5% rate will then apply for a further six months, until 31 March...
The Chancellor Rishi Sunak will deliver his 2021 Budget on Wednesday 3rd March 2021. What time is the Budget? The Budget is expected to take place at about 12:30 pm, straight after PMQs. The first part of the statement typically begins with a review of the...
Spring Statement 2022 Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his Spring Statement, the Chancellor announced a cut in fuel duty for petrol and diesel as he sought to ease the...
It’s no secret that many sectors are facing severe wage inflation with many locked in ongoing battles to retain their best staff. Indeed, as the economy begins to open up as Omicron-related restrictions are eased, many legal firms in particular are facing a backlog of...
HMRC has launched nearly 13,000 investigations into alleged abuse of the government's coronavirus (COVID-19) financial support schemes. A freedom of information request revealed that, up to the end of March 2021, HMRC opened 12,828 investigations into alleged cases of...