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News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Firms call for urgent action to reduce unemployment
27th January 2021
Unemployment increased to 5% in the three months to November 2020.
HMRC waives penalties for late-filed tax returns
26th January 2021
Fines to kick in after 28 February 2021.
Nine million people increased borrowing in 2020
25th January 2021
The proportion of borrowing £1,000 or more increased to 45%.
Millions to face fines if self-assessment tax return deadline missed
22nd January 2021
Taxpayers could face fines totalling to £250 million.
Big businesses to reduce payment times to small suppliers
21st January 2021
50,000 small firms close every year due to late payments.
