Due to Brexit, driver retirement and the enforced IR35 reform, there is now a shortage of Heavy Goods Vehicle (HGV) drivers in the UK – around 100,000, according to some estimates.
Monthly Archives: September 2021
Buoyant firms return £1.3 billion furlough cash to Treasury
The Coronavirus Job Retention Scheme (CJRS), or furlough, closes at the end of September and has benefited millions of workers during the COVID-19 pandemic.Continue reading
Making Tax Digital: businesses get an extra year to prepare
Businesses will now get an additional year to prepare for the Income Tax digital changes, as revealed by HM Revenue and Customs (HMRC).
Company insolvencies: over 8,700 chain stores have closed
Recent research shows that in 2021, over 8,700 chain stores have closed due to the major shift in online shopping – partly caused by the coronavirus pandemic.
Are you prepared for the end of the winding up petition ban?
The debt threshold for a winding up petition will be temporarily increased in wake of the coronavirus pandemic, it has been announced.
University students – be aware of fake HMRC contact
From April to May this year, 18 to 24-year olds reported over 5,000 phone-related scams to HM Revenue and Customs (HMRC).
New advisory fuel rates come into effect for company cars
New Advisory Fuel Rates (AFRs) have come into effect from the beginning of September 2021, which apply to employees who use a company car.
Final furlough figures published before end of scheme
As the furlough scheme comes to an end, the latest figures have revealed that almost 12 million workers in England, Wales, Northern Ireland and Scotland have been supported by the Coronavirus Job Retention Scheme (CJRS) since its launch last year.
Beware of clocking up the penalty points on tax returns
The taxman has confirmed that its new penalty points system for late tax payers will come into effect for the new tax year in April 2022.
Record numbers return to work ahead of closure of furlough scheme
The number of people returning to work from furlough has reached its highest level since the start of the pandemic in March, the latest figures have revealed.