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09 Jan 2022
On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.
HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.
HMRC is waiving late filing and late payment penalties for self assessment taxpayers for one month.
Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government's financial and tax plans.
On 20 December 2021, the Welsh government outlined a Budget to 'build a stronger, fairer and greener Wales'.
The Financial Conduct Authority (FCA) is set to introduce a new consumer duty to better protect users of financial services.
HMRC has published the latest edition of the Employer Bulletin.
More than 440,000 small firms could be forced out of business by the late payment crisis, according to the Federation of Small Businesses (FSB).
06 Dec 2021
HMRC saw a drop of almost £30 billion in tax revenues in the latest financial year because of the pandemic.
The UK government marked the inaugural Tax Administration and Maintenance (TAM) Day with the publication of 30 papers covering a wide range of tax issues.
The standard three-day waiting time for Statutory Sick Pay (SSP) will be reinstated for coronavirus (COVID-19)-related claims from 25 March 2022.
HMRC has warned taxpayers completing their 2020/21 tax returns to 'be on their guard' and stay vigilant in regard to tax-related scams.
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