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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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27Oct
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Recruiting people from outside the UK from 1 January 2021

From 1 January 2021, freedom of movement between the UK and EU will end and the UK will introduce an immigration system that will treat all applicants...

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27Oct
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HMRC tells 24,000 freelancers to hand back Covid support grants

HMRC admits it wrote to 100,000 self-employed workers even though it knew they had stopped trading Tens of thousands of freelancers who applied for st...

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14Oct
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Changes To The Hmrc Employment Status Manual With Regards To Umbrella Companies

It is good to see the HMRC trying to make adjustments to the rules set to protect the workers using Umbrella companies but this just goes to show that...

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11Sep
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You're required: Alan Sugar urges public to get back to work

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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11Sep
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Local lockdown grant supports businesses forced to close

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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11Sep
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CITB to remove 5,000 smaller contractors from levy system

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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04Sep
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540 jobs lost after Nationwide Accident Repair Services goes into administration

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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04Sep
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Virgin Atlantic to cut another 1,000 jobs after £1.2bn rescue deal

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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03Sep
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The GOVERNMENT LAUNCHES £2 Billion Fund Called Kickstart Scheme

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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03Sep
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Rocky road ahead for vans redefined as cars

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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17Aug
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Claims open for second self-employed support grant

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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03Aug
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Status Determination Statement: Off-payroll Explainer For April 2021

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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