Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
04 November 2020
Coronavirus - when can business debt become a personal obligation?Business support packages and tax deferrals schemes have been a lifeline for the majority of businesses during the pandemic, with the Coronavirus Job Retention Scheme being one of the most significant. At last count, on 20 September, HMRC confirmed that 1.2 million employers had made use of the scheme which equated to a claims value of £39 billion.
03 November 2020
Furlough scheme extension – points for employers to consider nowThe Coronavirus Job Retention Scheme (also known as the furlough scheme), has now been extended to at least 3 December 2020. Whilst the Government has stated that additional guidance will be provided shortly, many employers are going to need to take urgent and immediate decisions in relation to their workforces.
02 November 2020
Market Commentary October 2020As the number of coronavirus cases mounted throughout October and fears of a second lockdown increased, the main index came under renewed pressure closing the month down nearly 5%. In terms of performance, this was the worst month for the index of the current crisis since markets fell significantly in March of this year.
02 November 2020
Coronavirus Job Retention Scheme extension announced on 31 October 2020On Saturday 31 October the Government announced an extension to the Coronavirus Job Retention Scheme (CJRS) which was due to end that day. The CJRS has now been extended and will run until at least Wednesday 2 December, which is the date on which the new England-wide lockdown is due to end.
27 October 2020
European MiFID Template Version 3 – is your investment firm ready for the December deadline?Just six weeks to go until the end of the transition period and the new European MiFID Template comes into force for all investment firms operating within the EU. With some distributors requesting the revised format already, we’re helping a large number of our clients make the switch to the new template now. Scott Holmes, Audit Partner, discusses the new requirements in this short blog.
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