On the 25th March 2020, Chancellor Rishi Sunak announced the Self-Employment Income Support Scheme (SEISS). This allowed HMRC to calculate and provide an appropriate taxable grant to self-employed individuals ‘whose livelihoods are adversely affected by coronavirus’, based on their average income.
HMRC have released a Tax Information and Impact Note explaining a change to UK VAT law for businesses who believe they are unable to submit their VAT returns online.
Asia puts a 'Germany' on the map every 3.5 years in terms of economic size and will add three Euro zones in 25 years, said David Carbon, chief economist of the DBS Bank, during the DBS Asian Insights Conference 2014 held in Singapore on 4 July 2014.
The latest report from Randstad Financial & Professional suggests that the UK will have an increasing demand for accountants by 2050:
Accountants are the least happy profession in the UK when it comes to their work-life balance, according to research carried out by recruiter Randstad Financial & Professional.