Business news
Everything you need to know
Business regulations, taxes, and compliance can change often. That’s why our business news section is here, to deliver the most important developments that may affect your business.
Personal: Income tax thresholds frozen until 2026
Rates and allowances, national living wage, NICs.Spring Budget 2021
Your Spring Budget 2021 report will appear here on 4 March 2021.1.6m UK firms supported by COVID-19 schemes
Majority of support has been provided through the bounce-back loan scheme.Sunak to unveil new mortgage scheme
Buyers will just need a 5% deposit on houses up to £600,000.Furlough numbers increase in January
4.7 million people furloughed on 31 January 2021.HMRC launches VAT deferral new payment scheme
Firms can pay equal consecutive monthly instalments from March 2021.Sunak expected to extend stamp duty holiday
The threshold has been temporarily increased to £500,000.HMRC waives 5% late payment penalty
Payments should be made by 1 April 2021 to avoid fine.Treasury delays business rates review
Report pushed back due to pandemic uncertainty.HMRC confirms 12-month ‘soft landing’ for IR35
New reforms to go ahead as planned on 6 April.
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