LATEST NEWS
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...
NEWS
SELF-EMPLOYED TREATED AS ‘SECOND-CLASS’ BY SOME LENDERS, BROKERS SAY
Posted: 29th October 2020
Self-employed workers are being treated like ‘second-class citizens’ by some mortgage lenders, as two-tier systems and punitive criteria l...
NEWS
RECRUITING PEOPLE FROM OUTSIDE THE UK FROM 1 JANUARY 2021
Posted: 27th October 2020
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...
IMPORTANT ANNOUNCEMENT
HMRC TELLS 24,000 FREELANCERS TO HAND BACK COVID SUPPORT GRANTS
Posted: 15th October 2020
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...
PAYROLL NEWS
CHANGES TO THE HMRC EMPLOYMENT STATUS MANUAL WITH REGARDS TO UMBRELLA COMPANIES
Posted: 14th October 2020
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
