Genius Money, keeping you up-to-date with all the latest news. You will find articles on all the latest regulatory developments, industry-related updates, financial & payroll related news and much much more...


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NEWS
YOU'RE REQUIRED: ALAN SUGAR URGES PUBLIC TO GET BACK TO WORK
Posted: 11th September 2020
Business tycoon Lord Alan Sugar today urged Brits to “put on a suit, put on a dress and get back to work” amid rising calls to kickstart t...
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NEWS
LOCAL LOCKDOWN GRANT SUPPORTS BUSINESSES FORCED TO CLOSE
Posted: 11th September 2020
New grants worth up to £1,500 will be available every three weeks to businesses required to close due to local lockdowns or targeted restriction...
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NEWS
CITB TO REMOVE 5,000 SMALLER CONTRACTORS FROM LEVY SYSTEM
Posted: 11th September 2020
Around 5,000 smaller construction companies will not have to pay any levy to the CITB next year. The training body is raising its Small Business ...
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NEWS
540 JOBS LOST AFTER NATIONWIDE ACCIDENT REPAIR SERVICES GOES INTO ADMINISTRATION
Posted: 4th September 2020
The repairer was sold to RunMyCar, keeping 80 sites open but resulting in the closure of 30 more. Nationwide Accident Repair Services has collapsed in...
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NEWS
VIRGIN ATLANTIC TO CUT ANOTHER 1,000 JOBS AFTER £1.2BN RESCUE DEAL
Posted: 4th September 2020
Virgin Atlantic is said to be preparing a further 1,000 job cuts, hours after securing approval for a £1.2bn rescue deal. The airline, founded b...
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IMPORTANT ANNOUNCEMENT
THE GOVERNMENT LAUNCHES £2 BILLION FUND CALLED KICKSTART SCHEME
Posted: 3rd September 2020
The Kickstart Scheme provides funding to employers to create job placements for 16 to 24 year olds. The government has introduced a new Kicksta...
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IMPORTANT ANNOUNCEMENT
ROCKY ROAD AHEAD FOR VANS REDEFINED AS CARS
Posted: 24th August 2020
If modified crew-cab vehicles should now be treated as cars for benefit in kind purposes, what does this mean for input VAT and capital allowances? He...
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CORONA VIRUS NEWS
CLAIMS OPEN FOR SECOND SELF-EMPLOYED SUPPORT GRANT
Posted: 17th August 2020
How to claim The online service for the second and final grant is now available. Make your claim on or before 19 October 2020. You should co...
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PAYROLL NEWS
STATUS DETERMINATION STATEMENT: OFF-PAYROLL EXPLAINER FOR APRIL 2021
Posted: 3rd August 2020
The off-payroll framework is fast approaching, there are still two of the key requirements of the new IR35 legislation from April 2021 which seem to b...
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IMPORTANT ANNOUNCEMENT
CLOCK IS TICKING TO REPAY CORONAVIRUS GRANTS
Posted: 29th July 2020
Self-employed individuals, and employers, have 90 days to inform HMRC that they have over-claimed the SEISS or CJRS grants and repay any excess before...
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NEWS
SELF EMPLOYED .. WHAT CAN I CLAIM AS EXPENSES?
Posted: 28th July 2020
If you're self-employed, you will have various running costs. Some of these expenses you can deduct on your tax return as allowable expenses. Allowabl...
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IMPORTANT ANNOUNCEMENT
TAX CREDITS DEADLINE: CUSTOMERS AT RISK OF LOSING OUT
Posted: 28th July 2020
Customers whose circumstances have changed in the last year or who have received a letter to reconfirm their income details must contact HMRC before 3...
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