News desk

The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Furlough numbers increase in January

4.7 million people furloughed on 31 January 2021.

HMRC launches VAT deferral new payment scheme

Firms can pay equal consecutive monthly instalments from March 2021.

Sunak expected to extend stamp duty holiday

The threshold has been temporarily increased to £500,000.

HMRC waives 5% late payment penalty

Payments should be made by 1 April 2021 to avoid fine.

Treasury delays business rates review

Report pushed back due to pandemic uncertainty.

HMRC confirms 12-month ‘soft landing’ for IR35

New reforms to go ahead as planned on 6 April.

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