News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Setting and reviewing employee pay
Determining your employees’ pay rates for 2021/22.IPPR: 600,000 firms could collapse without further support
Up to nine million jobs may be affected without an extension.VAT reverse charge reminder
The charge comes into effect from 1 March 2021.Record annual slump for UK economy in 2020
COVID-19 prompts UK GDP to fall by 9.9%.Govt. unveils £20m SME Brexit support fund
The grants are worth up to £2,000.CBI calls for further COVID-19 support
Failing to extend existing support will “stunt economic recovery”.1 in 3 house sales collapse as stamp duty deadline looms
29% of proposed purchases fell through in January.FSB: Govt. must extend business rates relief to 2022
The organisation is urging for the threshold to be changed.Firms get more time to repay bounce-back loans
Repayments can be spread over ten years, rather than six.COVID-19 business lending passes £71bn
Around 1.4m firms have accessed BBLs since May 2020.