Feb 4, 2021 | Current Affairs
Around 1.8 million taxpayers failed to submit their self-assessment tax returns by the deadline of 31 January 2021, according to HMRC.Despite missing the deadline, those with late tax returns will not be charged a late filing penalty, provided they submit their return...
Feb 3, 2021 | Current Affairs
The Confederation of British Industry (CBI) has called on the Government to work with firms to publish a roadmap out of the latest COVID-19 lockdown in England.With the Government set to publish its exit strategy in late February, the CBI has said it is already...
Feb 1, 2021 | Current Affairs
The British Chambers of Commerce (BCC) has called on the Government to keep the coronavirus job retention scheme running into summer.The news comes as HMRC reported around four million UK workers were furloughed at the end of December, as a result of the COVID-19...
Jan 29, 2021 | Current Affairs
More than 900,000 businesses are at risk of failing by April as a result of the COVID-19 pandemic, according to a new report by the London School of Economics (LSE).The LSE has predicted a “major wave” of bankruptcies for UK firms, as a result of current business...
Jan 28, 2021 | Current Affairs
The current UK tax system discourages employment, investment and corporate risk-taking and should be reformed, a report by the Institute for Fiscal Studies (IFS) says.According to new research conducted by the IFS, employees’ salaries currently attract thousands of...
