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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Recovery loan scheme extended for two years
Government support to assist small businesses with rising costs.
Third of 55-66 year olds take early retirement since start of the pandemic
New research shows over two-fifths enter full retirement early.
How much workers will really save under the new National Insurance rules
Government tax calculator criticised for being misleading.
UK CPI inflation reaches 9.4%
June marks the ninth consecutive rate increase.
Wages fall due to cost of living crisis
ONS data shows the fastest rate decline since 2001.
ATT president calls for no HMRC staff cuts
The group raised concerns over MTD and HMRC waiting times.
Families receive first cost of living payments
First instalments being paid out from a £37 billion support package.
FCA calls for fair treatment of SMEs
Banks have been told to maintain affordable payment plans.
Economy grows more than expected in May
ONS data shows GDP grew by 0.5%
Crypto owners not fully aware of tax liabilities
More than half of investors are unsure of CGT rules.