£800 million Reinsurance Scheme opens for live events

Oct 06, 2021

The government has opened a £800 million Reinsurance Scheme to cover live events against cancellations stemming from the COVID-19 pandemic.

The live events sector is worth more than £70 billion…

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Chancellor warned of redundancies as furlough scheme ends

Oct 06, 2021

The government's Coronavirus Job Retention Scheme (CJRS) ended on 30 September after supporting millions of workers during the pandemic.

The government said the wages of more than 11 million…

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Chancellor to deliver Autumn 2021 Budget on 27 October

Oct 06, 2021

HM Treasury has announced that Chancellor Rishi Sunak will deliver the Autumn 2021 Budget on Wednesday 27 October.

On 7 September the Chancellor launched Spending Review 2021, which will conclude…

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National Insurance and dividend tax rises announced for social care reform

Oct 06, 2021

From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.

There will be a 1.25% increase in NICs…

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Employers 'named and shamed' for paying less than minimum wage

Sep 06, 2021

The government has 'named and shamed' 191 companies that have broken National Minimum Wage (NMW) laws.

Following investigations by HMRC, the named firms have been fined for owing £2.1 million…

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Advisory fuel rates for company cars

Sep 06, 2021

New company car advisory fuel rates have been published and took effect from 1 September 2021.

The guidance states: 'you can use the previous rates for up to one month from the date the…

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BCC calls for government to extend skills training

Sep 06, 2021

The BCC has urged the government to extend skills training in light of the publication of research which showed that one in five companies are considering making redundancies as a result of the coronavirus…

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HMRC urges taxpayers to stay alert to digital scams

Sep 06, 2021

HMRC has urged taxpayers to stay alert to the threat of digital scams and scammers claiming to represent HMRC.

Research published by HMRC revealed that the number of tax-related scams has doubled…

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Contactless limit to increase to £100

Sep 06, 2021

The national roll-out of the new £100 spending limit for contactless card payments will begin from 15 October 2021, banking trade body UK Finance has confirmed.

The decision to raise the contactless…

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