Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.
COVID-19 support grants paid to companies must be included on company tax returns
HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and stated that the grants and payments are taxable.
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Government scheme gives discounts of up to £5,000 on accounting software
The government's Help to Grow: Digital scheme - designed to support smaller businesses in adopting digital technologies - is now open for applications.
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Claims portal reopens for Statutory Sick Pay Rebate Scheme
HMRC has reopened a claims portal for small employers to again claim refunds for coronavirus (COVID-19)-related sick pay.
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Consumer group urges taxpayers to avoid using refund firms to claim tax rebates
Consumer group Which? has urged taxpayers to avoid using so-called 'refund firms' to claim tax rebates.
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National insurance rise 'set to squeeze budgets', warns CBI
The Confederation of British Industry (CBI) has warned the government that the planned rise in national insurance will squeeze budgets and affect economic growth.
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No 'convincing case' for digital UK currency, says House of Lords committee
Creating an official digital currency in the UK could pose significant risks to the financial stability of banks, a House of Lords committee has warned.
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Scam HMRC call reports drop by 97%
Reports of scam HMRC phone calls have fallen by 97% over the last 12 months, according to the latest figures from the tax authority.
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BCC calls for 'urgent action' to improve UK-EU trade
The British Chambers of Commerce (BCC) has called for urgent action to help improve trade with the EU.
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