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...
CORONA VIRUS NEWS
FCA COULD EXTEND MORTGAGE PAYMENT HOLIDAYS FOR CORONAVIRUS
Posted: 24th March 2020
The Financial Conduct Authority (FCA) has laid out how firms should be implementing the package of announcements from government about mortgage paymen...
CORONA VIRUS NEWS
SUPPORTING SELF-EMPLOYED WILL BE ‘INCREDIBLY COMPLICATED’, CHANCELLOR RISHI SUNAK ADMITS
Posted: 24th March 2020
Significant challenges lie ahead for the UK’s self-employed, Chancellor Rishi Sunak has acknowledged.The government is under growing ...
CORONA VIRUS NEWS
SELF-EMPLOYED MAY BE ABLE TO CLAIM VIA THE JOB RETENTION SCHEME (JRS)
Posted: 24th March 2020
Retention Scheme Contractors unable to work may be able to secure relief courtesy of the Job Retention Scheme or a proposed equivalent measure for th...
CORONA VIRUS NEWS
CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME (CBILS) – ACCREDITED LENDERS AND PARTNERS
Posted: 24th March 2020
The Coronavirus Business Interruption Loan Scheme (CBILS) is now available through participating lendersHOW CAN I ACCESS THE SCHEME?CBILS is available...
CORONA VIRUS NEWS
THE SELF-EMPLOYED PETITION 'SELF EMPLOYED TO ACCESS FULL PAY THROUGH HMRC EARNINGS THROUGH THIS CRISIS' ON CHANGE.ORG REACHES 338,000 SIGNATURES
Posted: 23rd March 2020
The Self-Employed petition 'SELF EMPLOYED TO ACCESS FULL PAY THROUGH HMRC EARNINGS THROUGH THIS CRISIS' on Change.org reaches 338,000 signatures.........
CORONA VIRUS NEWS
RISHI SUNAK FACES LEGAL ACTION FROM GIG ECONOMY WORKERS
Posted: 23rd March 2020
Chancellor’s current policy is ‘discriminatory’ against self-employed, lawyers arguePressure is mounting on Rishi Sunak to extend his ...
CORONA VIRUS NEWS
TAX PAYMENTS DEFERRED AS CHANCELLOR PROTECTS JOBS
Posted: 23rd March 2020
Tax payments deferred as Chancellor protects jobsVAT and self assessment tax payments have been delayed as the government launched a new HMRC-adm...
IMPORTANT ANNOUNCEMENT
BANK OF ENGLAND CUTS BASE RATE TO 0.1 PER CENT; RESTARTS QE
Posted: 19th March 2020
The Bank of England has cut its bank base rate to 0.1 per cent in a surprise move to the lowest point the rate has ever been. It is also restarti...
NEWS
LOAN CHARGE APPG PUBLISH REPORT THAT EXPOSES FUNDAMENTAL FLAW IN MORSE REVIEW ON THE LOAN CHARGE
Posted: 19th March 2020
Loan Charge APPG publish report that exposes fundamental flaw in Morse Review on the Loan ChargeThe All-Party Parliamentary Group on the Loan Charge h...
IMPORTANT ANNOUNCEMENT
DEUTSCHE BANK RE-ENGAGING PSC CONTRACTORS.
Posted: 19th March 2020
DEUTSCHE BANK DOES A MAJOR U TURN AND RE-ENGAGES THE PSC CONTRACTORSIf this is a clear demonstration that companies either do not understand the rules...
IMPORTANT ANNOUNCEMENT
OFF-PAYROLL IS TO BE DELAYED NOT STOPPED
Posted: 18th March 2020
The delay to the Off-Payroll Working Rules are very much welcomed by all in the Contracting sector. Every client that we have connected with in the la...
CORONA VIRUS NEWS
OFF-PAYROLL WORKING RULES TO BE DELAYED TO 2021 DUE TO COVID-19
Posted: 18th March 2020
The extension of Off-Payroll Working Rules on IR35 to the private sector has been delayed by a year, due to the uncertainty COVID-19 has brought with ...
