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COVID-19: measures for UK businesses

Measures for UK businesses and employers during the COVID-19 outbreak.

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ICAEW warns taxpayers have 90 days to notify HMRC of overclaimed COVID-19 grants

The Institute of Chartered Accountants in England and Wales (ICAEW) has warned taxpayers that they have 90 days to notify HMRC of overclaimed coronavirus (COVID-19) grants.

Ensure interaction between VAT and Eat Out to Help Out is understood, ICAEW urges

The Institute of Chartered Accountants in England and Wales (ICAEW) has urged businesses to ensure that they understand the interaction between VAT and the government's Eat Out to Help Out scheme.

FSB calls for further help for employers as furlough wind-down begins

The Federation of Small Businesses (FSB) has called for the government to provide further help to employers as the Coronavirus Job Retention Scheme (CJRS) begins to be wound down.

More firms to benefit from CBILS following changes to loan rules

Changes to state aid rules mean that more small businesses can benefit from the government's Coronavirus Business Interruption Loan Scheme (CBILS).

Mixed picture for retail sector, CBI finds

Retail sales were broadly flat in the year to July despite three months of sharp declines, according to the monthly Distributive Trades Survey published by the Confederation of British Industry (CBI).

Public warned to watch out for top coronavirus scams

Fraudsters are exploiting people's financial concerns during the coronavirus (COVID-19) pandemic, UK Finance has warned.

NIESR calls for furlough scheme to be kept open

The National Institute of Economic and Social Research (NIESR) has called for the government to keep the Coronavirus Job Retention Scheme (CJRS) open for longer.

Committee suggests many have 'fallen through gaps in support schemes'

The Treasury Select Committee has found that over a million people have 'fallen through the gaps' of the government's coronavirus (COVID-19) support schemes.

Fifth of small firms expect poor performance in next three months, data suggests

Data published by the Federation of Small Businesses (FSB) has suggested that a fifth of small businesses expect their performance to be 'much worse' over the next three months as a result of the coronavirus (COVID-19) lockdown.

UK economy 'still stuck in first gear'

The UK's economy is 'still stuck in first gear', with many businesses operating at half their pre-coronavirus (COVID-19) capacity, according to the British Chambers of Commerce (BCC).

FRC urges companies to provide high-quality disclosures on impact of coronavirus

The Financial Reporting Council (FRC) has urged companies to provide more detailed disclosures on the impact the coronavirus (COVID-19) has had on their firm.

Claims deadline approaching for first phase of furlough scheme

Coronavirus Job Retention Scheme (CJRS) claims for periods ending on or before 30 June 2020 must be made by 31 July 2020, HMRC has reminded employers.