Business news
Rising living wage set to drive up employer costs
23-year-olds to get highest NLW hourly rate for the first time.Govt. reveals over 1.4m loans given to UK firms
The loans are part of the £280bn support package.Small firms get COVID-19 insurance boost
Around £1.8bn is expected to be paid out in claims.BCC calls for business rates relief extension
Govt. should 'extend relief for the whole of 2021'.£69.1m deferred through time-to-pay scheme
Over 25,000 taxpayers rush to spread payments.DWP bans flat fees for small pension pots
Charge cap will remain unchanged at 0.75%.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.