Economy
Budget 2021: Chancellor unveils new £65bn support package
3 hours ago
Budget 2021: Chancellor unveils new £65bn support package
Chancellor Rishi Sunak has outlined a new £65bn support package in his March budget, confirming the decision to extend the…
Insolvency Service payouts hit record high
1 day ago
Insolvency Service payouts hit record high
The government’s insolvency service paid out a total of £453m from the National Insurance Fund in 2020 to former members…
43% of UK financial services firms set to move post-Brexit
1 day ago
43% of UK financial services firms set to move post-Brexit
Around 43% of financial services firms in the UK, 95 out of 222, have moved or plan to move their…
MPs warn Sunak against tax hike
2 days ago
MPs warn Sunak against tax hike
MPs have warned chancellor Rishi Sunak ahead of the March Budget that “now is not the time for tax rises”,…
HMRC’s late payment waiver a ‘lifeline to taxpayers’
2 days ago
HMRC’s late payment waiver a ‘lifeline to taxpayers’
HMRC’s decision to waive Self-Assessment late payment penalties is a “lifeline to taxpayers”, according to accountancy firm Lamont Pridmore The…
HMRC ‘well placed’ to seek major investment to boost enforcement
5 days ago
HMRC ‘well placed’ to seek major investment to boost enforcement
HMRC is “well placed” to seek a major investment package as the UK emerges from the current crisis, to enable…
Majority of self-employed ‘unprepared’ for IR35 changes, says EY
5 days ago
Majority of self-employed ‘unprepared’ for IR35 changes, says EY
The majority of the UK’s self-employed workforce are “unprepared” for changes to off-payroll working rules, commonly known as IR35, according…
HMRC’s new scheme sees businesses pay VAT in monthly instalments
1 week ago
HMRC’s new scheme sees businesses pay VAT in monthly instalments
HMRC has announced a new VAT referral scheme which allows for businesses to pay VAT in smaller monthly instalments.
HMRC investigations into big business can take four years to complete
1 week ago
HMRC investigations into big business can take four years to complete
HMRC’s enquiries into big businesses’ tax affairs have been open for an average of 45 months, up from 43 months…
Azets urges chancellor to support SMEs in March Budget
1 week ago
Azets urges chancellor to support SMEs in March Budget
The forthcoming March Budget must “further relax business taxes and minimise the growing risk of closures and redundancies across SMEs”,…