News
Tax and finance updates
Every day brings news of changes to tax law or government policy, or the emergence of facts and figures with implications for British businesses and individuals. Our daily news feed helps our clients keep their fingers on the pulse of what’s going on, with comment and insight from industry figures, government officials and trade bodies.
Rising living wage set to drive up employer costs
23-year-olds to get highest NLW hourly rate for the first time.Govt. reveals over 1.4m loans given to UK firms
The loans are part of the £280bn support package.Small firms get COVID-19 insurance boost
Around £1.8bn is expected to be paid out in claims.BCC calls for business rates relief extension
Govt. should 'extend relief for the whole of 2021'.£69.1m deferred through time-to-pay scheme
Over 25,000 taxpayers rush to spread payments.DWP bans flat fees for small pension pots
Charge cap will remain unchanged at 0.75%.ICAEW calls for further guidance on CIS changes
Changes are set to take effect from April 2021.COVID-19 deemed ‘reasonable excuse’ for late filing
HMRC said the decision is not a blanket waiving of penalties.250,000 small business ‘set to fold’
14% expect to reduce headcount in the next three months.HMRC issues 2019/20 tax returns reminder
45% of self-assessment taxpayers yet to file.
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