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

HMRC postpones MTD for ITSA to 2024

27 Sep 21

Basis period reform also delayed to at least 2024.

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OTS publishes report on tax year end change

24 Sep 21

New paper stops short of recommending tax year change.

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Business rates threaten 4 out of 5 retailers with closure

23 Sep 21

Calls for rates reform ahead of Government review.

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Lords committee launches probe into basis period reform

22 Sep 21

Call for evidence into basis period reform launched.

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Thousands overpay IHT on life insurance policies

21 Sep 21

£280m may have been paid unnecessarily in 2018/19.

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