New financial support will help fishing businesses export their products across the world, it has been announced.
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What to do if you’re rejected for Time to Pay
An estimated 25,000 taxpayers have registered to spread out tax payments this year using the Time to Pay service, HM Revenue & Customs (HMRC) recently revealed.
Late payments: Large businesses to pay small firms within 30 days under Prompt Payment Code
The Government has confirmed that large businesses that have signed up to the Prompt Payment Code (PPC) must pay small businesses within 30 days.
IR35: Businesses are still not prepared for off-payroll working rules
According to a recent study, many UK firms are not adequately prepared for the off-payroll tax rule changes for the private sector to start in April 2021.
UK economy shrinks less than first feared after second national lockdown, economists reveal
The UK economy shrunk less than first feared during the second national lockdown, a major report has revealed.
Self Assessment: thousands spread tax liabilities in response to coronavirus disruption
Thousands of self-employed workers have taken advantage of the Government’s extended Time to Pay scheme ahead of the 31 January Self Assessment deadline, a new report has revealed.
Self-Assessment: HMRC set to waive fines for late returns due to COVID-19
HM Revenue & Customs (HMRC) is set to waive fines for taxpayers who file their tax returns late, providing that they can prove that the delay was because of COVID-19.
CJRS: Main changes to the extended scheme
Towards the end of 2020, the Chancellor announced the furlough scheme’s extension until 30 April 2021, which will continue to contribute 80 per cent towards employees’ wages.
