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.
Off-payroll extension may be delayed until 2023
MPs contemplate further two-year delay.HMRC relaxes stance on home office equipment
Reimbursing employee costs waived for 2020/21.COVID-19 puts economy into ‘significant recession’
GDP slumps 5.8% in March, and 2% in Q1 2020.Employers’ guidance on reopening workplaces
Government states “workplaces must be safe and COVID-secure”.Protecting yourself against COVID-19 phishing scams
Increased internet use in lockdown leads to rise in email scams.Relief as furlough scheme extends to October
Chancellor praised for listening to concerns.Govt. clarifies guidance on returning to work
New guides for eight different lines of work.Businesses want clarity before returning to work
Plans to ease restrictions “need more detail”.UK economy ‘could shrink by 14%’ in 2020
Bank of England predicts biggest annual decline on record.Most firms ready to restart within three weeks
Small businesses and B2B firms could be ready sooner.