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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Pay VAT deferred due to coronavirus

The government has updated its advice for those businesses that deferred VAT payments due between 20 March and 30 June 2020 and still have payments to make. They can: pay

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Government sets up ‘Pay as You Grow’ flexible loan repayment

Businesses that took out government-backed Bounce Back Loans to get through Covid-19 will now have greater flexibility to repay their loans. The Treasury’s Pay as You Grow repayment flexibilities enable

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

80% of small business owners ‘experiencing poor mental health’

Four in five small business owners report experiencing symptoms of poor mental health at least a few times a year, according to a new study by Mental Health UK and

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Back to Basics videos: the trial balance

PQ magazine – the UK’s leading publication for accountancy and bookkeeping trainees – has joined forces with Training Link’s Michele Butler to help students get to grips with the trial

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Learn more about the Covid sick pay scheme

HMRC is running monthly webinars on the Coronavirus (Covid-19) Statutory Sick Pay Rebate Scheme. The webinars cover the latest information on: who can claim. who you can claim for. how

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Scottish government leaves income tax unchanged

Income tax rates and bands will be unaltered for the coming year, said the Scottish government today. Meanwhile, the thresholds for all but the top rate will rise in line

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Record £23.8m fine for breach of money laundering regs

Money transfer company MT Global Limited has been handed the largest-ever fine issued by HMRC, £23.8 million, for significant breaches of the money laundering regulations. HMRC said the company fell

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EY launches free Brexit App

EY has launched a free Brexit App, designed to help businesses access government notices, regulatory updates and guidance, as well as providing updates with key developments. Designed to help businesses

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The rise and rise of the robots

Large swaths of businesses have used the Covid-19 pandemic to bring in the robots. New research from Deloitte on robotic and intelligent automation found two-thirds (68%) of business leaders worldwide

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Commercial tenant eviction ban extended to March

The UK’s ban on commercial property eviction has been extended to March 2021, the government has confirmed. It also said that this will be the final extension of the initiative,

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Deadline looming for CJRS claims

HMRC is writing to agents to remind them that Coronavirus Job Retention Scheme (CJRS) claims for December must be submitted no later than Thursday 14 January. Claims can be made

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How To Limit Your Stress This Tax Return Deadline – Take control of your clients

Dreading January? As an accountant to self-employed sole traders, we’re going to guess that’s a yes – unless you’ve managed to file your clients Self-Assessment tax returns already… hats off

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New lockdown grants of £4.6 billion unveiled

Businesses in retail, hospitality and leisure impacted by the new lockdown will be able to access additional grants of up to £9,000 per premises – with £4.6 billion being made

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Christmas Day is tax return day!

More than 2,700 customers filed their self-assessment tax return on Christmas Day, according to the latest stats from HMRC. The peak time for completing tax returns was 2pm to 2.59pm,

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PayPal approves bitcoin

PayPal has said it will allow bitcoin payments, a move that is being seen as a significant step towards the mainstream adoption of digital currencies. The announcement sent the price

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‘Wave of business insolvencies’ to hit Britain

Britain will be engulfed by a wave of insolvencies once government furlough schemes come to an end, business rescue specialists Begbies Traynor is warning. “There is very significant distress out

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New HMRC Charter published

HMRC has published its following a full public consultation. The Charter sets out the standards and behaviours taxpayers can expect from the Revenue, and what it expects from taxpayers. HMRC

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‘Cyber Aware’ campaign launched

The National Cyber Security Centre (NCSC) has launched a Cyber Aware campaign to help individuals and organisations protect themselves online. During the festive period last year, cyber criminals stole an

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First Islamic Finance degree launched

Birmingham City University has launched the first accounting and Islamic Finance undergraduate course in the UK – a niche of the finance industry set to grow exponentially in coming years.

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2021 Membership Renewals Explained

Currently, all members renew on 1st Jan each year and this creates a large administrative burden on the membership team so this year we have decided to change the renewal

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