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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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08Feb
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Civils Contractors “recruiting For Recovery”

Rising workloads mean civils contractors are now “recruiting for recovery.” The latest Civil Engineering Contractors Association’s...

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08Feb
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The UK construction activity contracts for first time in seven months 

Construction output shrank in January, signalling the first reduction in activity in seven months. According to the latest CIPS/IHS Markit PMI data...

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04Feb
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UK government announces pay rise for millions of people

Millions of UK workers to receive increase in pay from April 2021 following rise in the National Minimum Wage and National Living Wage. Publis...

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04Feb
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Domestic Reverse Charge 4: New 5% disregard rule and other invoicing quirks

Neil Warren explains how the 5% disregard rule works, and why subcontractors should be careful when invoicing for work undertaken on new dwellings. Th...

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04Feb
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Chancellor warned construction VAT plan risks recovery

Chancellor Rishi Sunak is being urged to abandon VAT changes which could cause a cash-flow crisis across construction. The Construction Leadership Cou...

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04Feb
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Construction Covid-19 wage support nears £15bn

Government payouts to support self-employed and furloughed construction workers soared to nearly £15bn last year. The unprecedented level o...

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29Jan
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Government set to write off estimated £31bn of pandemic loans

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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28Jan
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Concern mounts over key materials supply bottlenecks

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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25Jan
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Self-employed given extra month to file tax return fine-free

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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25Jan
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CSCS skill cards go virtual

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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21Jan
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MPs give HMRC six weeks to consider covid support for the IR35-hit 'excluded'

  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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21Jan
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FDs to be held personally responsible for prompt payment

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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