Price of plastic bags to double next year
In April 2021, the new charge for single use carrier bags in English shops will double to 10p and it will apply in all shops regardless of size. Wales, Scotland and Northern Ireland all have [...]
August 2020
How is the furlough scheme changing?
The Coronavirus Job Retention Scheme (CJRS), or furlough scheme, was a short term solution to the COVID-19 lockdown. It was never a long term fix. Its main aim was to help businesses and their employees [...]
What is a recession?
Well we know it’s not a good thing, as it’s uttered in such solemn tones – but what does ‘being in a recession’ actually mean? A little bit of economics When a country’s economy is [...]
HMRC get back £73.1m from the football industry
There is a significant rise in the number of HMRC investigations into football players and agents. This is the result of research done by chartered accountants UHY Hacker Young. HMRC have found there are a [...]
Car tax dodging: Is your town in the top five?
A DVLA study shows the level of car tax avoidance in each post code of the UK. Moneybarn, the car finance company, made Freedom of Information request to the DVLA and the results make for [...]
HMRC reminds businesses to have their say about their ‘plastic tax’ proposal
Due to the COVID-19 emergency, HMRC pushed back the consultation period deadlines on most other policy proposals. Now some of the revised deadlines are coming round. HMRC wrote to industry organisations last week to remind [...]