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The Chancellor of the Exchequer has today (3 April) announced some changes to the Coronavirus Business Interruption Loan Scheme (CBILS) as well as the creation of a new scheme for larger businesses. 

With the high uncertainty and anxiety in global markets due to the increasing impact of the Coronavirus it's very difficult to work out what to do first to ensure the continuity of businesses and livelihoods.

The mantra in Rishi Sunak’s first Budget was that this was a governm

Given the ever-changing landscape of the farming industry, Whittingham Riddell Chartered Accountants & Business Advisors partnered with Lloyds Bank to offer an exclusive event aimed at farming businesses. 

Following on from the clarifications made in the updated Academies Financial Handbook in regard to internal scrutiny, Eileen Milner (ESFA chief executive)  issued a letter to accounting officers in July. 

In June 2019 the ESFA released their annual updated Academies Financial Handbook. We have summarised below some of the key changes that we feel you need to be aware of.

HMRC has won a legal case over a contractor loan scheme endorsed by Hyrax Resourcing Ltd. As a result, HMRC will now be able to collect more than £40 million in unpaid taxes. 

Planning opportunities before the tax year end

As we approach the end of another tax year on 5 April 2019, it is a good time to make sure that your finances and tax position are structured as efficiently as possible.

UK 'tax gap' falls to 5.7%

HMRC has confirmed that the tax gap for 2016/17 has fallen to 5.7%....

Welsh Land Transaction Tax introduced

From 1 April 2018, Land Transaction Tax (LTT) will replace Stamp Duty Land Tax (SDLT). LTT will be collected by the Welsh Revenue Authority (WRA).

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