What to expect from the Budget on 27th October

Oct 25, 2021

With the Budget fast approaching and as the UK recovers from the coronavirus (COVID-19) pandemic, Chancellor Rishi Sunak has some tough decisions to take as national debt is 100% of GDP. Tax rises are…

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Armstrongs completes exciting business merger

Oct 20, 2021

Bishop Simmons, a long-standing practice based in the north of Warwickshire, has come together with Armstrongs.

The practice will now be known as Armstrongs Bishop Simmons. 

Jim Simmons…

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COVID-19 sick pay rebate scheme closed in September

Oct 14, 2021

The government's scheme that enables small businesses to recoup statutory sick pay costs caused by COVID-19 closed at the end of September.

Legislation ending the Coronavirus Statutory Sick…

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Making Tax Digital for Income Tax Self Assessment delayed for a year

Oct 12, 2021

The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax Self Assessment (MTD for ITSA) for a year, HMRC recently announced.

The government says it has made the…

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British Business Bank provided £80.5 billion of COVID-19 support

Oct 06, 2021

COVID-19 emergency finance schemes offered £80.5 billion of finance to almost 1.7 million businesses through the British Business Bank (BBB) during the last financial year.

This support, which…

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£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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