The economy
HMRC waives late self-assessment penalties
Customers can submit by 28 February to avoid fines.
Read more »Nine million people increased borrowing in 2020
The proportion of borrowing £1,000 or more increased to 45%.
Read more »Big businesses to reduce payment times to small suppliers
50,000 small firms close every year due to late payments.
Read more »HMRC reminds taxpayers of time-to-pay option
Self-assessment taxpayers can spread payments over up to 12 months.
Read more »Govt. reveals over 1.4m loans given to UK firms
The loans are part of the £280bn support package.
Read more »ICAEW calls for further guidance on CIS changes
Changes are set to take effect from April 2021.
Read more »COVID-19 deemed ‘reasonable excuse’ for late filing
HMRC said the decision is not a blanket waiving of penalties.
Read more »250,000 small business ‘set to fold’
14% expect to reduce headcount in the next three months.
Read more »HMRC issues 2019/20 tax returns reminder
45% of self-assessment taxpayers yet to file.
Read more »IPSE slams gaps in self-employed support
Latest COVID-19 support 'misses the mark'.
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