The following update is copied from a government press release recently issued by the Department for Business, Energy & Industrial Strategy. New proposed measures to allow workers’ greater freedom to find new or additional work were unveiled by Business Secretary Alok Sharma 4 December 2020. In a major win for the UK’s lowest paid workers,…
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What have we learnt from 2020?
To answer this question, we should take a look at a few adjectives that have been used to describe COVID-19’s effects on our personal and business lives. For example, unexpected, unprecedented, disruptive… Prior to the pandemic we assumed that tomorrow would turn out much like yesterday. Many businesses had become accustomed to managing cash flow…
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Summary of spending review 2021-22
A summary of the business elements of the recent Spending Review for next year are set out below: Continuing the UK’s recovery from coronavirus The Spending Review has set out the government’s intention to maintain support to protect jobs, businesses and livelihoods, while stimulating the UK’s economic recovery. In the Spending Review the government has…
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Tax Diary December 2020/January 2021
1 December 2020 - Due date for Corporation Tax payable for the year ended 28 February 2020. 19 December 2020 - PAYE and NIC deductions due for month ended 5 December 2020. (If you pay your tax electronically the due date is 22 December 2020) 19 December 2020 - Filing deadline for the CIS300 monthly…
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