News desk

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

HMRC reminds businesses to prepare for MTD for VAT

Businesses urged to sign up early.

Retail footfall slips amid Omicron concerns

Shoppers limited their in-store trips to avoid COVID variant.

HMRC waives late self-assessment penalties by one month

Interest remains payable from 1 February.

Over 31,000 self-assessments filed over festive period

2,828 individuals used Christmas to file their tax return.

30% of small firms in late-payments struggle

One in ten say late payments threaten their business.

New post-Brexit customs rules come into force

Companies trading with the EU face stricter rules.

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