Business News

A round up of topical news articles.

Business rates relief extended with £1.5 billion fund

The government is to extend business rates relief with a £1.5 billion fund targeted at those businesses unable to benefit from the current COVID-19 support.

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Consultations launched on UK's first Tax Day

The government has published over 30 updates, consultations and documents on the UK's first ever Tax Day.

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Government publishes details of Finance Bill 2021

The details of the Finance Bill 2021 have been published by the government.

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£20 million SME Brexit Support Fund opens for applications

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

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HMRC publishes details of final grants for self-employed

HMRC has published details of the eligibility criteria of the final two grants available under the Self-employment Income Support Scheme (SEISS).

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National Minimum and Living wages increases

UK workers are set to benefit from rises in the National Minimum Wage (NMW) and the National Living Wage (NLW) rates that took effect from 1 April 2021.

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UK cuts electric vehicle grants by £500

The government has cut the Plug-in Car Grant and Van & Truck Grant by £500 and lowered the pricing cap on qualifying electric vehicles.

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ICAEW urges HMRC to rethink quarterly reports under MTD for corporation tax

The Institute of Chartered Accountants in England and Wales has urged HMRC to rethink the requirement for companies to report quarterly under Making Tax Digital for corporation tax.

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