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Month: September 2020

Commercial property: Retail rental arrears could rise to £2 billion after third-quarter payment deadline

30th September 202030th September 2020 McGills

According to research, retail rent arrears could total over £2 billion following the third-quarter payment deadline this week.   Read More

SMEs are still chasing unpaid invoices

28th September 202028th September 2020 McGills

The disruption of business, due to the coronavirus pandemic, has meant many companies are still waiting on unpaid invoices from their debtors. Read More

Automatic enrolment easements to be lifted from January, regulator reveals

28th September 202028th September 2020 McGills

Pension flexibilities afforded to employers throughout the coronavirus pandemic will be removed from 01 January 2021, it has been revealed. Read More

Government set to announce extension of Coronavirus Business Interruption Loan Scheme

23rd September 202023rd September 2020 McGills

The Chancellor, Rishi Sunak, is expected to announce the extension of the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) until the end of November. Read More

Businesses return £215 million furlough payments to the Government

21st September 202021st September 2020 McGills

According to HM Revenue and Customs (HMRC), more than £215 million of Coronavirus Job Retention Scheme (CJRS) payments have been willingly returned to the Government by UK firms, out of £35.4 billion worth of claims up until 16 August. Read More

Coronavirus Job Retention Scheme rejects claims after employer accounting errors

18th September 202018th September 2020 McGills

The Institute of Chartered Accountants in England and Wales (ICAEW) has warned businesses to get “their data right” or face delays receiving grants under the Coronavirus Job Retention Scheme (CJRS). Read More

Ban on commercial evictions extended until the end of 2020

17th September 202017th September 2020 McGills

The Government has announced that it has extended the ban on commercial evictions until the end of 2020, meaning businesses cannot be evicted by landlords for getting behind on rent payments. Read More

Business groups call for digital tools tax relief

16th September 202016th September 2020 McGills

Leading business groups have urged the Government to introduce digital tools tax relief to support small and medium-sized enterprises (SMEs). Read More

National Minimum Wage investigations have drastically increased

15th September 202015th September 2020 McGills

National Minimum Wage investigations by HM Revenue & Customs (HMRC) have increased significantly, according to the latest research. Read More

New local lockdown grant fund to act as business “safety net”

11th September 202011th September 2020 McGills

Businesses in England affected by “local lockdowns” are set to receive up to £1,500 per property every three weeks to keep their operation afloat, it has been announced. Read More

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