Coronavirus
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Jan- 2021 -13 January
PwC to examine fraud in Covid loan scheme
PwC has been chosen by the government-owned British Business Bank (BBB) to investigate possible fraud cases in its own Covid-19…
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11 January
4,000 financial services firms at risk of failure
A study conducted by the Financial Conduct Authority (FCA) has found that by the end of October there were 4,000…
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6 January
Burgis & Bullock calls for greater self-employed support
Burgis and Bullock, a midlands accountancy firm, has urged the government to act with greater conviction in providing support for…
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5 January
Chancellor unveils £4.6bn in new lockdown grants
Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the chancellor…
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Dec- 2020 -17 December
Furlough scheme extended until April 2021
The furlough scheme has been extended until the end of April 2021 with the government continuing to contribute 80% towards…
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16 December
Parliamentary Committee criticises Bounce Back Loan Scheme
Parliament’s Public Accounts Committee has published a “withering” report into the Bounce Back Loan Scheme (BBLS), amid calls from AAT…
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10 December
AAT: Wealth tax not ‘politically or economically sensible’
The Association of Accounting Technicians (AAT) has called the recent suggestion of a £260bn ‘wealth tax’ as not “politically or…
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9 December
£260bn wealth tax will save UK economy, experts say
A group of financial experts are calling on the HMRC to help pay for the Covid-19 crisis through a one-off…
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7 December
Acca joins calls to ensure SMEs can access professional Covid advice
The Association of Chartered Certified Accountants (ACCA) has joined SMEunited, AccountancyEurope and EFAA in a joint call for action to…
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Nov- 2020 -26 November
New Tier system announced
The Government has announced a new Tier system for when England leaves lockdown on 2 December, with only areas in…
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