21 September 2020
RSM is calling for a re-think of HMRC plans to restore Crown Preference. The leading audit, tax and consulting firm feels the move puts SMEs and lenders under further financial pressure at a time when they are particularly stretched by the pandemic.
15 September 2020
On 11th September HMRC announced a change to the rules on CJRS claims for those who return to work from furlough mid a claim period, which applies from 14th September. The legislation for the scheme from 1st July was issued on 25th June, and many employers and advisers did not initially understand that under the Treasury Direction, anyone who was furloughed under this version was in fact technically flexi-furloughed.
14 September 2020
RSM’s UK Brexit Stress Index nudged up for the first time since the early days of the Covid-19 lockdown, ushering in the first signs in nearly seven months that the risk of no-deal trade talks with the EU is generating increased nervousness within business.
01 September 2020
We are hosting a virtual round table forum specifically for automotive manufacturers at 12.30pm on Wednesday 16 September.
27 August 2020
The upturn in July’s figures for car production by 51 per cent compared to June is welcome news for the industry. However, with year on year production down 40 nearly per cent, the industry remains at a tipping point and in need of urgent targeted Government support.
18 August 2020
The Self Employed Income Support Scheme (SEISS) aims to help those who are adversely affected by the coronavirus crisis and cannot run their business or earn as normal. It is significantly different to the Coronavirus Job Retention Scheme (CJRS) which operates for employed individuals. Those who want to make a claim should not delay.
14 August 2020
Despite the what is now officially a recession, a wave of money and government support totalling over £83bn (furlough and loan schemes only) is still keeping UK companies afloat, but corporate debt levels are soaring as a result.
13 August 2020
New statistics published today by HMRC reveal a total of £1.11 billion was paid out in 2019/20 in tax reliefs for the creative sector. This represents a significant increase of £30 million compared to last year.