Better than expected growth to oversee economic recovery.
Government Announcements
HMRC postpones MTD for ITSA to 2024
Basis period reform also delayed to at least 2024.
Lords committee launches probe into basis period reform
Call for evidence into basis period reform launched.
Online service to transfer funds to SMEs launched
Online service to simplify apprenticeship levy funds allocation process.
Registration service opens to non-taxable trusts
Taxable trusts receive extended registration period.
Sunak announces date for Autumn Budget
Spending Review to be held alongside Autumn Budget.
Pensions triple-lock to be suspended for one year
Pensioners to miss out on promised £4bn increase.
Apprenticeship funding scheme unveiled
Businesses can apply for the £7 million fund.
Smart technology in UK energy to cut bills and create jobs
As many as 24,000 jobs could be created.
Proposals to drive trade with developing nations
Cutting red tape in international trade is a priority.
14.5 million jobs supported since pandemic onset
Critics argue millions have been “excluded” from support.
BEIS shares new online tool for working families
It aims to make the most of families’ shared parental leave.
Independent advisory group to help tackle ‘greenwashing’
It will oversee the implementation of a green taxonomy.
New Government watchdog to protect workers’ rights
It will gain the responsibilities of three current agencies.
HMRC updates process for furlough claims
Updated templates should make the system easier.
PM calls for SMEs to lead charge to net zero
The Government wants SMEs to achieve net zero by 2050.
Trade credit reinsurance scheme to end
It will end on the originally planned date.
DWP rejects keeping £20 universal credit uplift
The Chancellor extended the increase by six months.
Queen’s speech promises national recovery
It failed to indulge any specific fiscal policies.
Fifteen times more online scams stamped out last year
Many of these claimed to be from HMRC.
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