COVID-19 business lending passes £71bn
Around 1.4m firms have accessed BBLs since May 2020.
1.8 million taxpayers still to file self-assessment returns
Over 10.7 million people submitted their 2019/20 return by the deadline.
Get ready for the VAT reverse charge
New rules set to take effect for construction from 1 March 2021.
Spring Budget 2021: what will it include?
Will Chancellor Rishi Sunak raise taxes or maintain the status quo?
CBI calls for post-lockdown roadmap
The business group identified six elements to help firms prepare.
Govt. announces £1,000 cash boost to help firms take on trainees
The cash boost will be made available from 31 July 2021.
Extend furlough scheme to summer, warns BCC
Around four million UK workers were furloughed at the end of December.
Over 900,000 UK firms ‘at risk of failing by April’
Around 15% of businesses are at “great risk” of imminent closure
IFS: UK tax system ‘discourages employment’
Employees’ salaries currently attract more in tax than self-employed individuals.
Firms call for urgent action to reduce unemployment
Unemployment increased to 5% in the three months to November 2020.
HMRC waives penalties for late-filed tax returns
Fines to kick in after 28 February 2021.
Nine million people increased borrowing in 2020
The proportion of borrowing £1,000 or more increased to 45%.