NEWS
Stay up to date with what’s going on in the world of tax and finance. Our news stories cover the latest developments in tax, employment and economics that affect businesses and individuals.
ICAEW calls for further guidance on CIS changes
Changes are set to take effect from April 2021.COVID-19 deemed ‘reasonable excuse’ for late filing
HMRC said the decision is not a blanket waiving of penalties.250,000 small business ‘set to fold’
14% expect to reduce headcount in the next three months.HMRC issues 2019/20 tax returns reminder
45% of self-assessment taxpayers yet to file.IPSE slams gaps in self-employed support
Latest COVID-19 support 'misses the mark'.Furlough scheme extended to April
Government-backed loans will also run until March.New grants to help hardest-hit firms survive lockdown
Treasury confirms grants of up to £9,000 per property are available.Firms raise concerns over lockdown support
Measures include a one-off grant worth up to £9,000.Chancellor unveils £4.6bn support package
Firms will be able to receive up to £9,000.2,700 tax returns filed on Christmas Day
The 2019/20 self-assessment deadline is 31 January 2021.