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Current Affairs
Millions to face fines if self-assessment tax return deadline missed
Taxpayers could face fines totalling to £250 million.
Read more »Big businesses to reduce payment times to small suppliers
50,000 small firms close every year due to late payments.
Read more »Govt. reveals over 1.4m loans given to UK firms
The loans are part of the £280bn support package.
Read more »Small firms get COVID-19 insurance boost
Around £1.8bn is expected to be paid out in claims.
Read more »BCC calls for business rates relief extension
Govt. should 'extend relief for the whole of 2021'.
Read more ȣ69.1m deferred through time-to-pay scheme
Over 25,000 taxpayers rush to spread payments.
Read more »DWP bans flat fees for small pension pots
Charge cap will remain unchanged at 0.75%.
Read more »ICAEW calls for further guidance on CIS changes
Changes are set to take effect from April 2021.
Read more »COVID-19 deemed ‘reasonable excuse’ for late filing
HMRC said the decision is not a blanket waiving of penalties.
Read more »250,000 small business ‘set to fold’
14% expect to reduce headcount in the next three months.
Read more »
