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The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech he stated his Budget 'meets the moment with a three-part plan to protect the jobs and livelihoods of…

On 6 April, the Recovery Loan Scheme (RLS) was introduced to replace the government's coronavirus lending schemes.

The RLS provides financial support to businesses affected by the COVID-19…

Businesses that deferred VAT payments last year have less than a month left to join online and pay in monthly instalments under the VAT Deferral New Payment Scheme, HMRC has warned.

The online…

HMRC is reminding tax credit claimants that they have until 31 July 2021 to renew their claims.

According to HMRC, 440,000 claimants have yet to renew their claims. More than 2.5 million annual…

HMRC has updated the guidance on salary sacrifice.

HMRC has removed the guidance on 'Salary sacrifice arrangements set up before 6 April 2017' as the transitional arrangements for calculating…

HM Treasury has announced that Chancellor Rishi Sunak will deliver the Autumn 2021 Budget on Wednesday 27 October.

On 7 September the Chancellor launched Spending Review 2021, which will conclude…

The Federation of Small Businesses (FSB) has warned that tax rises could threaten the UK's ongoing recovery from the Covid-19 pandemic.

According to the FSB, small businesses are coming up…

HMRC has warned taxpayers completing their 2020/21 tax returns to 'be on their guard' and stay vigilant in regard to tax-related scams.

Nearly 800,000 tax scams were reported in the last…

HMRC has reopened a claims portal for small employers to again claim refunds for coronavirus (COVID-19)-related sick pay.

The reopening follows the announcement of the reintroduction of the…