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
CONSTRUCTION COVID-19 WAGE SUPPORT NEARS £15BN
Posted: 3rd February 2021
Government payouts to support self-employed and furloughed construction workers soared to nearly £15bn last year. The unprecedented level o...
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IMPORTANT ANNOUNCEMENT
GOVERNMENT SET TO WRITE OFF ESTIMATED £31BN OF PANDEMIC LOANS
Posted: 29th January 2021
An estimate of £31bn of government loans handed out during the pandemic will have to be written off, according to the UK’s spending watchd...
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NEWS
CONCERN MOUNTS OVER KEY MATERIALS SUPPLY BOTTLENECKS
Posted: 28th January 2021
A shortage of construction products including roofing materials and timber is starting to impact on the building industry. Both product manufacturer...
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IMPORTANT ANNOUNCEMENT
SELF-EMPLOYED GIVEN EXTRA MONTH TO FILE TAX RETURN FINE-FREE
Posted: 25th January 2021
HMRC will not levy a late fine on those who file their tax return by 28 February 2021. The deadline to submit a self-assessment tax return is usually ...
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NEWS
CSCS SKILL CARDS GO VIRTUAL
Posted: 25th January 2021
The Construction Skills Certification Scheme (CSCS) has announced the launch of virtual CSCS cards and a new app. Virtual cards are the same as tradit...
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CORONA VIRUS NEWS
MPS GIVE HMRC SIX WEEKS TO CONSIDER COVID SUPPORT FOR THE IR35-HIT 'EXCLUDED'
Posted: 21st January 2021
  MPs have put the taxman on a six-week deadline to spell out what help IR35-hit individuals who missed out on covid-19 support due t...
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NEWS
FDS TO BE HELD PERSONALLY RESPONSIBLE FOR PROMPT PAYMENT
Posted: 21st January 2021
Finance directors signed up to the Prompt Payment Code (PPC) will take personal responsibility to ensure small business suppliers are paid within 30 d...
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IMPORTANT ANNOUNCEMENT
RISHI SUNAK SET TO EXTEND FURLOUGH SCHEME PAST APRIL
Posted: 20th January 2021
Rishi Sunak is reportedly set to extend the government’s furlough scheme beyond the end of April in his 3 March Budget. The chancellor is drawin...
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NEWS
CALL FOR CONSISTENT BUSINESS BOUNCE BANK LOAN RECOVERY SCHEME
Posted: 20th January 2021
The body, which represents the UK debt collection and debt purchase sectors, is calling on the government to invest in a dedicated ‘BBL engageme...
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NEWS
GOVERNMENT CONFIRMS NO THREAT TO SHUT LONDON SITES
Posted: 19th January 2021
Government officials have confirmed there are no plans to shut construction sites in London amid fears over crowded tube trains in the capital Pictu...
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NEWS
THE CONSTRUCTION RECOVERY HAS GOT BACK ON TRACK RETURNING TO ITS PRE-PANDEMIC LEVEL AFTER THE RECORD 41% CLIFF FALL IN MARCH.
Posted: 18th January 2021
Latest construction output figures for November show the industry has pulled off a near V-shaped rebound led by infrastructure while commercial still ...
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IMPORTANT ANNOUNCEMENT
TORY BACKBENCHERS WARN BORIS JOHNSON TO DROP LOCKDOWN SOON OR FACE LEADERSHIP CHALLENGE
Posted: 14th January 2021
Boris Johnson has been warned by lockdown-sceptic Tory backbenchers that he will face a leadership challenge if he does not “set out a clear pla...
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