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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Govt. announces raft of ‘tax day’ consultations
The Treasury released 30 tax updates.
HMRC to accept bulk appeals for late tax return penalties
The process is available for a period of six months.
CIOT: digital tax reporting rules should be better targeted
The CIOT has raised concerns over the potential costs and burdens on businesses.
UK borrowing hits £19.1bn in February
Borrowing was £17.6 billion higher than the same period last year.
HMRC publishes guidance on SME Brexit support scheme
Applications close on 30 June 2021.
The furlough scheme, from now to September
The extension is expected to save 340,000 jobs, according to the OBR.
Details of the “final” two SEISS grants
An extra 600,000 taxpayers are eligible for the fourth and fifth grants.
CBI: Extend kickstart scheme by six months
The scheme is due to end in December 2021.
Govt. publishes details of 2021 Finance Bill
Measures announced in the Budget will take effect from 6 April 2021.
February CJRS deadline reminder
Furlough claims must be made by today.