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Online service for VAT deferral scheme opens
Late payment penalties for self assessment waived until 1 April
More support needed to help businesses once lockdown lifts
Domestic VAT reverse charge comes into effect on 1 March
SME service for bank complaints goes live
HMRC clarifies off-payroll rules
IFS urges Chancellor to outline economic recovery plans in upcoming Budget
Over half a million businesses could collapse without further support
Clarity needed on taxation of COVID test costs, says ICAEW
UK economy shrank by record 10% in 2020
IoD calls for government to put entrepreneurs at heart of economic recovery
Borrowers of Bounce Back loans given six more months for repayments
HMRC's customer service levels impacted by COVID-19
Almost a third of house sales fall through as stamp duty deadline nears
Vaccination programme set to boost economic recovery
COVID-19 business lending exceeds £71 billion
1.8 million still to file self assessment returns
CBI urges government to publish roadmap out of lockdown
Government announces £1,000 bonus to help businesses take on trainees

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25 Feb 2021

Online service for VAT deferral scheme opens

Over half a million businesses that deferred VAT payments last year can now join the new online VAT Deferral New Payment Scheme to pay it in smaller monthly instalments, HMRC has announced.

24 Feb 2021

Late payment penalties for self assessment waived until 1 April

Self assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April, HMRC has announced.

23 Feb 2021

More support needed to help businesses once lockdown lifts

Business groups have called on the government to extend its coronavirus (COVID-19) support through to the end of the roadmap for lifting lockdown restrictions.