LATEST NEWS AND UPDATES

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Here you will find the latest news and information from a variety of sources. HMRC, CIS and ourselves.

Latest HMRC News and Updates

Owner of North London tyre fitters banned for 10 years after inflating turnover to secure maximum-value Covid loan

Decade-long ban for director who abused Bounce Back Loan Scheme

Insolvency Service disqualified more than 1,000 directors in 2024-25

The latest statistics for Insolvency Service enforcement outcomes also outline Covid loan abuse and bankruptcy restriction orders.

Companies House starts to verify identities

The voluntary period for identity verification is open for business. More than 6 million individuals will need to comply in the 12 months after identity verification becomes a legal requirement later this year. This phased a…

Neonatal care leave and pay right for thousands of new parents

New entitlement will give thousands of eligible new parents each year with children in neonatal care a right to additional leave and pay.

Payslip boost for millions as new minimum wage rates take effect

Over 3 million eligible workers set for a pay rise of up to £1,400 a year as new National Minimum Wage and National Living Wage rates take effect.

‘Pet supplies’ company run by serial disqualified director is shut down

Company director has previously been banned three separate times

Television personality Ant Middleton banned as company director over unpaid taxes

His company owed more than £1 million in corporation tax and VAT when it went into liquidation

Bedfordshire director banned after failing to provide company accounts to liquidator

The company entered liquidation with liabilities estimated at more than £300,000

Latest ICAEW News and Updates

Questions about business taxation

Find answers to key questions relating to tax issues for your business.

Accessing finance in challenging times

An overview of finance options for established business under stress, considering restructuring or facing challenging times. See the potential options for organisations wanting to improve their cash position or reduce the cost of their borrowing.

Financing your start-up

When setting up a new business one of the first questions you must answer is ‘Will I need finance to set up my business?’ This might be to fit out a premises, to pay staff while they are training or to buy equipment. Many businesses start off with ‘owners equity’ – money they put into the business to fund the start-up. But when they get the business going they may need finance.

Financing a growing business

An overview of finance options for growing businesses, highlighting which types best support different growth plans from launching new products to international expansion. Guidance includes questions to ask when considering finance options and tips on getting the most from your bank.

A great communicator makes for a successful CFO

Kelly Smith is CFO, Kantar Insights UK & Republic of Ireland, one of the UK and Ireland’s leading market research companies. Smith talks about why good communication is key to good leadership, worrying about climate change, and challenges her peers to find ways to maintain engagement in a world of hybrid working.

One of the greatest challenges is making sense of that data so you can communicate it

Peter Burrows is CEO at The Cambridge Building Society, where he was previously Finance Director. He is also a trustee of Astrea Academy Trust. Here, he shares the importance of a holistic view of business success, and offers his perspective on the importance of concision and clarity in board papers.

The power to instigate change lies with corporates

Fay Cooke is Chief Impact and Financial Officer at Yeo Valley Production Ltd. Previously, Fay worked at RWE Generation, RWE npower, and Deloitte. Here, she shares her thoughts on the evolving role of the CFO, how businesses can all play their part in tackling societal issues, and shares her perspective on how to measure impact.

The perennial challenge is taking data to information, to insight, to action

Joel Ripley is CFO at Schroders Personal Wealth, and was previously Finance Director, Wealth and Stockbroking at Lloyds Banking Group. Here, he shares the key issues keeping directors up at night, what businesses can do to address them, and how the CFO can contribute to a fairer future.

Rustrick Accountants News and Updates

SEISS FIFTH GRANT

7 August 2021

SEISS FIFTH GRANT

Furlough Scheme Winding Down

19 July 2021

From 1 July 2021, employers must now pay part of employees’ furlough wages as the Coronavirus Job Retention Scheme (CJRS) starts to wind down.

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