Latest News
Budget and Spending Review – October 2021: What you need to know
Measures announced by Chancellor Rishi Sunak in the Budget and Spending Review. 1. Strong and innovative public services: The new Health and Social Care Levy, along with an increase to the rates of dividend tax, will raise around £13 billion per year for spending on...
£126m to create more training opportunities and placements for young people.
Guidance for prospective trainees, employers and training providers on traineeships. The Government are increasing the number of traineeships by investing over £126m to create more training opportunities and placements for young people. A traineeship is a skills...
£500 million Plan for Jobs Expansion
Hundreds of thousands of people to be supported as part of the more than £500 million expansion of the government's Plan for Jobs. Over £500 million to support hundreds of thousands of people into jobs announced today (Monday) Workers leaving the furlough scheme and...
National Insurance and dividend tax rises announced for social care reform
Record £36 billion investment to reform NHS and Social Care Prime Minister pledges to tackle NHS Covid backlogs and cut waiting times with new £36 billion investment for health and social care Responsible, fair, and necessary action taken to provide biggest catch-up...
Making Tax Digital for Income Tax Self Assessment delayed for a year
The government is extending the requirement to operate Making Tax Digital (MTD) to the 4.2m taxpayers with business and/or property income over £10,000, including landlords, sole traders and partnerships, for their Income Tax obligations. These changes will apply to...
Government launches £500m support for vulnerable households over winter
Vulnerable households across the country will be able to access a new £500m support fund to help them with essentials over the coming months as the country continues its recovery from the pandemic. £500m support available to help those most in need as we enter the...
Government plans to strengthen day one employment rights and increase productivity of businesses
Government announces plans to make the right to request flexible working a day one right, as well as new entitlements for unpaid carers. British workers to get more choice over when and where they work, under new proposals to make the right to request flexible working...
£800 million Reinsurance Scheme officially opens to help give festivals, conferences and live events cover to plan with confidence
Chancellor and Culture Secretary today launch scheme worth over £800 million to cover Covid-related cancellation costs for live events The UK Live Events Reinsurance Scheme will give events the confidence they need to plan through to summer 2022 The Scheme will...
Claim for wages through the Coronavirus Job Retention Scheme
The Coronavirus Job Retention Scheme has been extended until 30 September 2021. Find out more about how the scheme is changing. Claims for furlough days in May 2021 must be made by 14 June 2021. A scheme introduced at the start of lockdown, many businesses may have...
Super-deduction tax break
A new 130% first-year capital allowance for qualifying plant and machinery assets; and a 50% first-year allowance for qualifying special rate assets. From 1 April 2021 until 31 March 2023, companies investing in qualifying new plant and machinery assets will be able...