HMRC’s tax take falls by billions due to pandemic
HMRC saw a drop of almost £30 billion in tax revenues in the latest financial year because of the pandemic.
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HMRC saw a drop of almost £30 billion in tax revenues in the latest financial year because of the pandemic.
Read moreThe UK government marked the inaugural Tax Administration and Maintenance (TAM) Day with the publication of 30 papers covering a wide range of tax issues.
Read moreThe standard three-day waiting time for Statutory Sick Pay (SSP) will be reinstated for coronavirus (COVID-19)-related claims from 25 March 2022.
Read moreHMRC has warned taxpayers completing their 2020/21 tax returns to 'be on their guard' and stay vigilant in regard to tax-related scams.
Read moreA single person will need post-tax annual income of £10,900 for a minimum standard of living in retirement, according to the Pensions and Lifetime Savings Association (PLSA).
Read moreHomeowners in England and Wales will be offered subsidies of £5,000 from next April to help them to replace old gas boilers with low carbon heat pumps.
Read moreBusinesses that are planning to operate in the UK's new freeports can now apply to HMRC.
Read moreThe government has doubled the period for filing and payment of capital gains tax (CGT) on residential property from 30 days to 60 days.
Read moreThe Institute for Fiscal Studies (IFS) has predicted that millions of people will be worse off in 2022 as a result of spiralling costs and tax rises.
Read moreThe Federation of Small Businesses (FSB) has warned that tax rises could threaten the UK's ongoing recovery from the Covid-19 pandemic.
Read moreBusiness groups gave a mixed response to Chancellor Rishi Sunak's 2021 Autumn Budget speech.
Read moreOn 27 October, Chancellor Rishi Sunak delivered a Budget to ensure the UK economy bounces back following the coronavirus (Covid-19) pandemic.
Read moreThe Chancellor Rishi Sunak presented his third Budget on 27 October 2021.
Read moreThe government's Coronavirus Job Retention Scheme (CJRS) ended on 30 September after supporting millions of workers during the pandemic.
Read moreThe government has opened a £800 million Reinsurance Scheme to cover live events against cancellations stemming from the COVID-19 pandemic.
Read moreUK workers could get more choice over when and where they work under new proposals to make the right to request flexible working a day one entitlement.
Read moreCOVID-19 emergency finance schemes offered £80.5 billion of finance to almost 1.7 million businesses through the British Business Bank (BBB) during the last financial year.
Read moreThe government's scheme that enables small businesses to recoup statutory sick pay costs caused by COVID-19 closed at the end of September.
Read moreHM Treasury has announced that Chancellor Rishi Sunak will deliver the Autumn 2021 Budget on Wednesday 27 October.
Read moreFrom April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.
Read moreThe government has delayed the introduction of Making Tax Digital (MTD) for Income Tax Self Assessment (MTD for ITSA) for a year.
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