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The furlough cliff edge

Unless government has a change of heart the present furlough scheme will close 30 September 2021. Businesses that have depended on this grant to hold teams together will – from 1 October – need to decide if business activity has...

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Government acknowledges HGV driver shortage

In an open letter to the UK logistics sector, the Government has announced an urgent initiative to resolve the mounting shortage of lorry drivers in the UK. Following Brexit and the COVID-19 pandemic, thousands of EU nationals – who make...

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Time to check Minimum Wage Rates?

HM Revenue and Customs (HMRC) has issued a statement urging students and other summer workers to check that they are being paid the correct National Minimum Wage (NMW) rates. In the 2020/21 tax year, HMRC helped over 150,000 workers across...

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Claiming for work-related expenses

The tax office is now open for claims from employees that have incurred work-related costs for the year to 5 April 2021 and have not been – and will not be – reimbursed by their employers. How to make a...

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Is inflation something to be concerned about?

Inflation is a measure of how much the value of currency depreciates each year. For example, if prices for a loaf of bread rise by 3% in a year, you would have to earn that extra 3% to continue to...

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Is July 19th freedom-day?

Next week, many of the present lockdown regulations in England are being relaxed. But cautionary guidance has also been published. It recommends: Meeting in well-ventilated areas where possible, such as outdoors or indoors with windows open. Wearing a face covering...

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Business rates overall for England

One of the largest fixed costs associated with business premises are rates payments to local authorities. The present system for reviewing rates in England is somewhat antiquated, the last review in England was 2017. The government had previously undertaken to...

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Furlough support changed 1 July 2021

Employers will need to start contributing to work not done by furloughed employees from 1 July 2021. The update from HMRC is reproduced below: From 1 July 2021, the level of grant will be reduced, and you will be asked...

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July 19th – normality to be resumed?

Release from social distancing restrictions, in England, is deferred until 19 July 2021, which for most of us, means no change up to that date. We are still required to work from home when we can and maintain the other...

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What is the Unclaimed Estates List?

If an individual dies and for whatever reason executors or the Treasury Solicitor’s department are unable to track down beneficiaries, the unclaimed estate falls under the care of the Bona Vacantia and Government Legal Department. The Division publishes a list...

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