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Monthly Archives: July 2021

The furlough cliff edge

Unless government has a change of heart the present furlough scheme will close 30 September 2021. Businesses that have depended on this grant to hold teams together will – from 1 October – need to decide if business activity has … Continue reading

Posted in Business

Government acknowledges HGV driver shortage

In an open letter to the UK logistics sector, the Government has announced an urgent initiative to resolve the mounting shortage of lorry drivers in the UK. Following Brexit and the COVID-19 pandemic, thousands of EU nationals – who make … Continue reading

Posted in Business

Time to check Minimum Wage Rates?

HM Revenue and Customs (HMRC) has issued a statement urging students and other summer workers to check that they are being paid the correct National Minimum Wage (NMW) rates. In the 2020/21 tax year, HMRC helped over 150,000 workers across … Continue reading

Posted in Business

Claiming for work-related expenses

The tax office is now open for claims from employees that have incurred work-related costs for the year to 5 April 2021 and have not been – and will not be – reimbursed by their employers. How to make a … Continue reading

Posted in Business

Is inflation something to be concerned about?

Inflation is a measure of how much the value of currency depreciates each year. For example, if prices for a loaf of bread rise by 3% in a year, you would have to earn that extra 3% to continue to … Continue reading

Posted in Business