CA daily briefing: Thursday 09 April
Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here to give you this morning's updates from ICAS and around the globe.
The latest from ICAS
HMRC has received a number of queries about the VAT deferral announced as part of the package of COVID-19 measures. You'll find questions and answers in this article.
Justine Riccomini explains the main themes within current payroll related guidance for employers in the Job Retention Scheme (JRS) and how it might work in practice together with the furlough payments claims portal.
Today's top stories from around the web
- FTSE 100 and European stocks rise on hopes of coronavirus peak (City AM)
- Virus could push half a billion people into poverty (BBC News)
- UK economy struggled before coronavirus crisis escalated (Reuters)
- Coronavirus: WTO warns of trade slump on a scale not seen since 1930s (Sky News)
- Coronavirus: Thousands apply for fruit and veg grower jobs (BBC News)
- Nearly half of UK companies have scrapped dividend payments (City AM)
- Brexit: UK plan to agree trade deal by December is fantasy, says EU (The Guardian)
- Coronavirus: ‘We won’t get a refund on our £17,000 chalet’ (BBC News)
- Coronavirus: Lenders raise interest rates on mortgages (Sky News)
- Bank of England to temporarily finance UK government spending (Reuters)
- Google revenue hits £1.6bn, pays only £44m in corporation tax (Accountancy Daily)
That's all for today. Check back tomorrow for your Friday briefing.