News

In 2012, due to concern that the UK population weren’t taking adequate measures to save for their retirement, the Government took the radical measure of introducing auto-enrolment.

Launched on 6 April 2021, the Recovery Loan Scheme (“RLS”) provides financial support to businesses across the UK as they recover and grow following the coronavirus pandemic. The British Business Bank announced in late October that £1.06 billion has been offered through almost 6,200 facilities to smaller businesses across the UK, with £822.8 million drawn down through the scheme.

Charities need to be extra vigilant against fraud, with the continuing pandemic and the accompanying tough economic times leading to an increased risk of such organisations being targeted, says Rebecca Frost of Lovewell Blake’s specialist Charity team.

As the COP26 summit gets underway, the world’s attention is focussed on what action we must all take to secure the planet for future generations.

Following the implementation of the EU Fifth Anti-Money Laundering Directive (5AMLD), there is a requirement for certain trusts to be registered on a central government list. This is called the Trust Registration Service (TRS), and when it was initially introduced in 2018, many non-tax paying trusts were exempt from registering.

Farming has to attract more British residents to work in the sector, work together to drive up prices and watch the cashflow to survive the supply chain crisis

The Charity Commission have released the results of independent research they have commissioned on how charities in England and Wales have been affected by the pandemic.

Over the years, the provision of company cars to employees has become increasingly disadvantageous from both a payroll and business tax point of view.