HMRC has updated guidance on when tax relief is available on travel expenses for staff who work from home.
The tax authority is responding to the growth of flexible or hybrid basis working…
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HMRC has updated guidance on when tax relief is available on travel expenses for staff who work from home.
The tax authority is responding to the growth of flexible or hybrid basis working…
The UK has the lowest rates of investment of any other country in the G7, according to analysis by the Institute for Public Policy Research (IPPR).
It found that, compared to the USA, Germany,…
The British Business Bank has launched the Growth Guarantee Scheme to help smaller businesses access finance.
The Growth Guarantee Scheme is the successor to the Recovery Loan Scheme and is…
HMRC has delayed the introduction of off-payroll rules to the private sector as part of its measures to support businesses through the COVID-19 pandemic.
The reforms will shift the responsibility…
The Office for Budget Responsibility (OBR) has warned that the UK economy could shrink by 35% this quarter due to the COVID-19 crisis.
The OBR said that the outcome was modelled on an assumption…
On 5 June 2020, HMRC announced a five-month delay to the introduction of the domestic VAT reverse charge for construction services, due to the impact of the COVID-19 pandemic on the sector.
The…
On 21 July, the Treasury set out the next steps in its plan to extend Making Tax Digital (MTD) to all businesses and those taxpayers that file self assessment returns.
Currently, businesses…
HMRC are inviting those individuals that are self employed or a member of a partnership and have been adversely affected by coronavirus to claim a second grant under the Self Employed Income Support…
As part of the Winter Economy Plan the Self-Employment Income Support Scheme (SEISS) will be extended under the name SEISS Grant Extension. The grant:
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