The government has announced additional economic support to help businesses most affected by the Omicron variant of coronavirus: businesses in the hospitality and leisure sectors in England will be eligible...

From April 2022, one of the biggest transformations in the UK tax system will come into play and all VAT-registered businesses must comply with Making Tax Digital for VAT to...

Recently the government announced tax changes to fund £12 billion a year to be spent on the NHS and social care across the UK. National Insurance contributions (NICs) will increase...

Applications are now open for the £75bn Recovery Loan Scheme (RLS), the government’s latest covid-19 support programme, which provides financial support to businesses across the UK as they recover following...

The income tax personal allowance and higher rate threshold will be uprated in line with CPI as planned in April 2021, then maintained at that level until April 2026. This...

Self assessment taxpayers will not receive a penalty for their late online tax return if they file by 28 February, HMRC chief executive Jim Harra has announced. More than 8.9m...

HMRC has made it easier for self-assessment taxpayers to pay the tax they owe incrementally on a monthly basis, by extending the threshold for ‘time to pay’ applications, as part...

Chancellor Rishi Sunak has announced a new job support scheme, starting on 1 November and lasting six months, with the aim of protecting viable jobs in businesses who are facing...

Just four months after his first Budget, Chancellor Rishi Sunak has unveiled a summer economic update designed to mitigate the impact of the Covid-19 pandemic, with a commitment to encouraging...