News

Businesses struggling to repay £20bn of Covid loans Reports suggest businesses are struggling to repay their Covid-19 debt, meaning the Treasury may have to write off as much as £20bn worth of Covid-19 financial support, on top of £4.3bn worth of Covid loans being lost to [...]

Penalties waived for businesses missing tax deadline Late filing and late payment penalties to be waived for one month for self-assessment taxpayers. With COVID still impacting small businesses and the self-employed, having this month extension will give them more time to complete this. The penalty waivers [...]

Half of businesses struggling to recruit because of skills gap, survey finds Half of businesses are struggling to recruit new staff, a survey has found. Out of the employers surveyed a skills gap was a main concern. With revenue stalling, businesses are unable to increase every [...]

New home working order: Another blow for small firms From Monday, the government says that people should once again work from home "if you can", as measures are stepped up to fight the Omicron variant of Covid. This has come at an already bad time for [...]

Omicron and small businesses – what are the rules? Wearing a face mask is now mandatory in shops and it is illegal not to do so. If a customer refuses to wear one in a retail environment, they will be fined £200 (unless exempt). Small businesses [...]