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Business news

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

Furlough numbers increase in January

26 Feb 21

4.7 million people furloughed on 31 January 2021.

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HMRC launches VAT deferral new payment scheme

25 Feb 21

Firms can pay equal consecutive monthly instalments from March 2021.

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Sunak expected to extend stamp duty holiday

24 Feb 21

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

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HMRC waives 5% late payment penalty

23 Feb 21

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

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Treasury delays business rates review

22 Feb 21

Report pushed back due to pandemic uncertainty.

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