Industry News
The latest tax, employment, business and economic news affecting businesses and individuals alike.
MPs slam slow process for audit overhaul
Scrutiny panel demands urgency to drive through reforms.Is buy-to-let as attractive as it once was?
Weighing up the effects of landlord tax changes.Understanding termination payments
How payments for redundancy are taxed.MTD for VAT extension set for 2022/23 rollout
Treasury reveals plan to further digitise taxes.UK debt soars to 99.6% of GDP
Year-on-year borrowing ‘five times higher’ in June.Watchdog demands overhaul of UK tax breaks
The Public Accounts Committee is calling for a review of ‘expensive’ reliefs.ONS reports ‘alarming’ slump in self-employed numbers
Freelancers call for improved self-employed support.Sunak calls for capital gains tax review
Chancellor wants to ensure the system is fit for purpose.VAT cut kicks in for certain sectors
Standard rate temporarily falls from 20% to 5%.UK economy slumps 19.1% in lockdown
Figures dispel hopes of a V-shaped recovery.