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
WILL THEY COME BACK? WHY BRITISH CONSTRUCTION LOST ITS EASTERN EUROPEAN WORKFORCE
Posted: 4th May 2021
In recent weeks, a persistent rumour has been circulating about migrant workers in construction. The specifics differ, but the central premise is the ...
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NEWS
CONSTRUCTION OUTPUT GROWS BY 1.6% IN FEBRUARY
Posted: 15th April 2021
Construction output grew by 1.6% in February 2021, largely thanks to a 1.5% increase in new work and 1.9% increase in repair and maintenance, as the i...
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NEWS
IR35: RISHI SUNAK URGED TO AMEND ‘FLAWED’ OFF-PAYROLL RULES TO ENSURE SELF-EMPLOYED RIGHTS
Posted: 13th April 2021
IR35 LEGISLATION must be re-examined to correct the "fundamentally flawed" nature of how off-payroll rules operate, a group of MPs have said. IR35 cha...
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NEWS
FREE HOME TESTING COVID KITS NOW AVAILABLE TO ALL CONTRACTORS
Posted: 29th March 2021
Construction companies can now order free Covid test kits for workers to use at home. The extension of the workplace testing regime will supply home...
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NEWS
EMPLOYMENT LAW CHANGES: WHAT YOU NEED TO KNOW
Posted: 22nd March 2021
With Brexit, Covid, and new tax rules for the self-employed, this year sees a plethora of significant changes in the field of employment law. Here is ...
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NEWS
AROUND 350,000 NEW CONSTRUCTION JOBS WILL NEED TO BE CREATED BY 2028 TO KEEP THE GOVERNMENT’S COMMITMENT TO ACHIEVING NET ZERO GREENHOUSE GAS EMISSIONS BY 2050 ON TRACK.
Posted: 15th March 2021
Around 350,000 new construction jobs will need to be created by 2028 to keep the government’s commitment to achieving Net Zero greenhouse gas ...
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NEWS
ALL CONSTRUCTION COMPANIES CAN NOW GET FREE COVID TESTS
Posted: 8th March 2021
Construction companies of all sizes can now register to order free lateral flow Covid tests for their employees from the government. The tests detec...
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NEWS
BUDGET 2021: UK'S TAX BURDEN TO 'REACH HIGHEST LEVELS SINCE 1960S'
Posted: 4th March 2021
The UK's tax burden is to rise to its highest level since the 1960s, the Office for Budget Responsibility has said, after the chancellor set out pla...
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NEWS
CITB PROPOSES TAKING LEVY BACK UP TO PRE-COVID FIGURE
Posted: 1st March 2021
The Construction Industry Training Board (CITB) has proposed hiking its levy back up to pre-covid rates from 2022 as it launches a consultation into i...
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NEWS
SELF-EMPLOYED WORKER NUMBERS 13% DOWN ON PRE-COVID LEVEL
Posted: 26th February 2021
Numbers of self-employed workers are slowly returning to the pre-Christmas level despite worries that many eastern Europeans would not return after ...
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NEWS
CONSTRUCTION CONTRACT AWARDS DROP BY 12% IN JANUARY
Posted: 22nd February 2021
The value of construction contract awards decreased by 12% in January to £4.3bn, 10% lower than the monthly average in 2020 When compared to&nbs...
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IMPORTANT ANNOUNCEMENT
HMRC ANNOUNCE THAT SELF ASSESSMENT CUSTOMERS WILL NOT BE CHARGED LATE PAYMENT PENALTIES
Posted: 19th February 2021
Today HMRC has announced that Self Assessment customers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time t...
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