Small businesses voice cashflow fears ahead of lockdown easing, study finds
Small businesses are concerned over their ability to access cash required to operate post-lockdown, according to the latest research from...
Friday, May 29, 2020
Coronavirus
CIMA launches business recovery toolkit
The Chartered Institute of Management Accountants (CIMA) has announced the launch of a free resource to help businesses navigate the...
Covid-19 VAT deferment policy costs HMRC £14bn in a month
The government’s policy of allowing businesses to defer their VAT payments until next year has already cost HMRC £14bn in...
FRC chair to step down
The Financial Reporting Council (FRC) has revealed that Simon Dingemans is to step down from his position of chair at...
Profits rise at Begbies Traynor despite pandemic
Begbies Traynor Group has revealed that annual revenue is expected to be £70m in the year ended 30 April 2020,...
Integrated reporting identified as ‘key method’ to help firms tackle future risks
The Association of Chartered Certified Accountants’ (ACCA) latest report has found that integrated reporting may be the “key method” for...
Petitions to wind up restaurants rocket 165%
The number of petitions to wind up restaurants has rocketed 165% to 53 in the year ended 20 April, according...
SEISS provides another lifeline but agents need to be part of process too, says ACCA
While welcoming the Self-Employment Income Support Scheme (SEISS), ACCA UK said it is advising that agents, the accountants who act...
Two-thirds of SMEs unable to pay tax liabilities
A recent survey has found that two-thirds of SMEs will not be able to pay their deferred tax liabilities six...
Chancellor extends furlough scheme until October
Chancellor of the Exchequer Rishi Sunak has extended the Government’s furlough scheme until the end of October. Announcing the decision...
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