Furlough scheme begins winding down as scheduled

Chancellor Rishi Sunak rejects extension pleas as COVID-19 restrictions extend.

Sweeping EU VAT reforms to affect online retailers

Three reforms to the EU’s VAT rules take effect from 1 July 2021.

Thousands leave NHS pension scheme over tax bills

Over four years, 180,000 staff left the scheme.

Government borrowing eases in May

Tax receipts were £1.7bn higher than predicted.

Research reveals increase in cryptoasset ownership

More holders view them as a legitimate investment.

Majority of home workers want hybrid return to the office

Business owners are uncertain where staff will work.

HMRC chases £1bn in false furlough claims

Furlough fraud was previously thought to be £3.5bn.

Chancellor rejects pleas for furlough extension

Furlough is to be phased out from 1 July.

Renting a home now cheaper than buying one

Average monthly rents stand at £1,054.

The economy grew by 2.3% in April 2021

Local holidays and hospitality drove the boost.

Independent advisory group to help tackle ‘greenwashing’

It will oversee the implementation of a green taxonomy.

HMRC crackdown on gifting rules claws back £624m

Families hit with big inheritance tax bills after believing gifts would not be taxed.

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